Lloyds Metals and Energy records the highest-ever Sponger iron Production

Lloyds Metals and Energy has reported its highest-ever yearly sponge iron ore production, achieving an impressive 3,08,243 tonnes, marking an 18% year-on-year (YoY) increase as against 2,61,836 tonnes in FY24. Of its total 7 kilns, 6 have recorded the highest ever production and have been operating at rated capacity. Additionally, the Company's Iron ore production remained at 10 mn tonnes, reflecting a peak production considering its EC limits. This milestone underscores the Company's commitment to excellence and its strong performance in the industry. The Company attributes this milestone to its steady and efficient operations team in all locations, consistently delivering outstanding results.

Shares of LLOYDS METALS AND ENERGY LTD. was last trading in BSE at Rs. 1285.50 as compared to the previous close of Rs. 1289.85. The total number of shares traded during the day was 38829 in over 1979 trades.

The stock hit an intraday high of Rs. 1325.00 and intraday low of 1279.60. The net turnover during the day was Rs. 50483495.00.

Source : Equity Bulls

Keywords

LLOYDSMETALSANDENERGY INE281B01032 SpongeIronProduction IronOre FY2025