Lloyds Metals jumps on getting environmental clearance for two projects in Maharashtra
Lloyds Metals & Energy is currently trading at Rs. 1282.90, up by 27.85 points or 2.22% from its previous closing of Rs. 1255.05 on the BSE.
The scrip opened at Rs. 1280.15 and has touched a high and low of Rs. 1293.45 and Rs. 1259.00 respectively. So far 16241 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1477.50 on 10-Jan-2025 and a 52 week low of Rs. 564.70 on 26-Mar-2024.
Last one week high and low of the scrip stood at Rs. 1297.90 and Rs. 1114.35 respectively. The current market cap of the company is Rs. 67126.71 crore.
The promoters holding in the company stood at 63.49%, while Institutions and Non-Institutions held 3.73% and 32.79% respectively.
Lloyds Metals and Energy has received environmental clearance from Ministry of Environment, Forest, and Climate Change, Government of India (IA Division) on March 20, 2025 for its upcoming 1.2 MTPA Wire Rod Project and 4.0 MTPA Pellet Plant Project respectively at Ghugus, District Chandrapur, Maharashtra.
Lloyds Metals and Energy is into the business of manufacturing of sponge iron, power generation and mining activities.
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