tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Lloyds Metals & Energy Acquires Stake in Mandovi River Pellets

Story Highlights
Lloyds Metals & Energy Acquires Stake in Mandovi River Pellets

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Lloyds Metals & Energy Ltd. ( (IN:LLOYDSME) ) just unveiled an update.

Lloyds Metals & Energy Ltd. has acquired a 19.40% equity stake in Mandovi River Pellets Private Limited, subscribing to over 16 million shares for a total consideration of Rs. 16.49 crore. This acquisition signifies a strategic move to strengthen its position in the market and potentially expand its operational capabilities.

More about Lloyds Metals & Energy Ltd.

Lloyds Metals & Energy Ltd. operates in the metals and energy industry, focusing on the production and distribution of metal products and energy solutions. The company is involved in strategic investments to enhance its market presence.

Average Trading Volume: 32,933

Technical Sentiment Signal: Buy

Current Market Cap: 682.9B INR

For a thorough assessment of LLOYDSME stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1