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The latest announcement is out from Lloyds Engineering Works Ltd ( (IN:LLOYDSENGG) ).
Lloyds Engineering Works Limited has announced the incorporation of a wholly owned subsidiary, Lloyds Advance Defence Systems Limited, which will focus on manufacturing, assembly, integration, testing, and supply of defense systems and technologies. This strategic move is expected to enhance the company’s capabilities in the defense sector, potentially strengthening its market position and offering new opportunities for growth and innovation in defense-related technologies.
More about Lloyds Engineering Works Ltd
Lloyds Engineering Works Limited operates in the engineering sector, focusing on manufacturing and supplying a wide range of products and services for defense systems. The company is involved in the design, development, and supply of weapons, ammunition, and various defense technologies and equipment across multiple domains, including land, air, sea, space, and cyber.
Average Trading Volume: 366,037
Technical Sentiment Signal: Hold
Current Market Cap: 76.14B INR
See more data about LLOYDSENGG stock on TipRanks’ Stock Analysis page.