Lloyds Metals and Energy Limited reports the highest-ever production

Lloyds Metals and Energy Limited reported the best-ever operating performance for Q1FY24. The Company DRI production increased by 45% YoY to 66,273 tonnes in Q1FY24 and Iron ore production increased by 400% YoY to 3.8 Mn. Tonnes from 0.8 Mn. Tonnes in Q1FY23.

On the iron ore front, the Company has reported the best-ever monthly production for month of April-23 at 1.2mn tonnes in Q1FY24. The Company also shipped its first export order in Q1FY24, further expanding its geographical reach beyond PAN India.

Shares of LLOYDS METALS AND ENERGY LTD. was last trading in BSE at Rs. 395.70 as compared to the previous close of Rs. 389.90. The total number of shares traded during the day was 139181 in over 2379 trades.

The stock hit an intraday high of Rs. 400.00 and intraday low of 383.40. The net turnover during the day was Rs. 55089697.00.

Source : Equity Bulls

Keywords

LLOYDSMETALSANDENERGY INE281B01032 IronandSteel BestEver OperatingPerformance Q1FY24 IronOre Production DRI