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The latest update is out from Lloyds Engineering Works Ltd ( (IN:LLOYDSENGG) ).
Lloyds Engineering Works Limited has entered into an international purchase and licensing agreement with The Material Works Limited (TMW) of the United States, granting Lloyds the rights to design, manufacture and sell TMW’s patented Eco Pickled Surface (EPS) Generation 4 cells globally, excluding China, Macao, Hong Kong, Taiwan and a defined 350‑mile radius around Red Bud, Illinois. Under the arrangement, TMW will license its EPS Gen 4 technology and provide technical support, positioning Lloyds to expand into advanced, acid‑less steel pickling solutions for flat‑rolled metals and potentially strengthening its technological capabilities and market reach in environmentally friendly steel processing equipment.
More about Lloyds Engineering Works Ltd
Lloyds Engineering Works Limited, formerly known as Lloyds Steels Industries Limited, is an Indian engineering company operating from manufacturing facilities in the MIDC Industrial Area at Murbad, Thane, with corporate offices in Mumbai. The company is engaged in engineered products and industrial solutions, serving domestic and international markets through its fabrication and engineering works footprint in Maharashtra.
Average Trading Volume: 365,513
Technical Sentiment Signal: Hold
Current Market Cap: 80.17B INR
For an in-depth examination of LLOYDSENGG stock, go to TipRanks’ Overview page.