Lloyds Metals and Energy shines on commissioning two strategic projects in Maharashtra
Lloyds Metals & Energy is currently trading at Rs. 1483.00, up by 13.45 points or 0.92% from its previous closing of Rs. 1469.55 on the BSE.
The scrip opened at Rs. 1470.00 and has touched a high and low of Rs. 1496.20 and Rs. 1469.00 respectively. So far 8164 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1543.50 on 17-Jun-2025 and a 52 week low of Rs. 675.00 on 23-Jul-2024.
Last one week high and low of the scrip stood at Rs. 1543.50 and Rs. 1458.00 respectively. The current market cap of the company is Rs. 77934.27 crore.
The promoters holding in the company stood at 63.44%, while Institutions and Non-Institutions held 4.04% and 32.53% respectively.
Lloyds Metals and Energy has successfully commissioned two of its key strategic projects -- a 4 million tonnes per annum (MTPA) pellet plant at Konsari, Maharashtra and an 85-kilometre iron ore slurry pipeline from Hedri to Konsari. These developments play a key role in strengthening the company’s integrated value chain and enhancing operational efficiency.
The 4 MTPA pellet plant at Konsari is a significant value addition to company’s iron ore mining business, allowing it to convert iron ore fines into high-quality pellets suitable for the steelmaking industry. The pellet plant has been designed to align and synchronise with the company's upcoming expansion of iron ore mining capacity, and future steel making capacity, ensuring a robust integration of long-term operations. In the medium term, this ensures an overall improved margin profile.
The 85 KM 10 mmt slurry pipeline establishes a seamless and environment-friendly logistics link between the company’s iron ore mine in Gadchiroli and the pellet plant at Konsari. This first-of-its-kind pipeline in Western India ensures reliable ore transportation while substantially reducing internal freight costs and lowering the company's carbon footprint. It also enhances the overall efficiency and commercial viability of material movement across its operations, reducing freight costs substantially.
Lloyds Metals and Energy is into the business of manufacturing of sponge iron, power generation and mining activities.
