Lloyds Metals & Energy Ltd up for third straight session
Lloyds Metals & Energy Ltd gained for a third straight session today. The stock is quoting at Rs 1353.7, up 1.08% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.46% on the day, quoting at 24968.3. The Sensex is at 82085.51, up 0.45%. Lloyds Metals & Energy Ltd has risen around 9.19% in last one month.
Meanwhile, Nifty Metal index of which Lloyds Metals & Energy Ltd is a constituent, has risen around 6.77% in last one month and is currently quoting at 9249.6, up 0.31% on the day. The volume in the stock stood at 2.86 lakh shares today, compared to the daily average of 4.79 lakh shares in last one month.
The PE of the stock is 48.19 based on TTM earnings ending March 25.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Mint
6 minutes ago
- Mint
Can Nifty 50, Bank Nifty scale record highs before Diwali 2025? These 5 factors hold key
The Indian stock market saw strong, broad-based buying on Monday, August 18, driving the benchmark Nifty 50 past the 25,000 mark for the first time since July 25. The Sensex, Nifty 50, and Nifty Bank indices gained over 1 per cent each during the session, as sentiment was lifted by Prime Minister Narendra Modi's announcement on GST reforms, hopes of a Russia-Ukraine peace deal, signals from US President Donald Trump that he may reconsider secondary tariffs on India, and S&P's upgrade of India's credit rating. With expectations building around multiple tailwinds in the near term, investors are betting that the Sensex, Nifty, and Bank Nifty could scale record highs in the short term. It appears that the Indian stock market is at a crucial juncture of trend reversal, supported by the government's renewed focus on reforms, favourable growth–inflation dynamics, and expectations of US tariffs easing to manageable levels. "On the global front, easing economic and trade-related uncertainties—particularly between India and the US—would support investor sentiment. Domestically, the RBI's recent rate cuts are expected to reduce borrowing costs, which can stimulate demand and support both consumption and investment," said Ajit Mishra, SVP of research at Religare Broking. "The government's GST reform proposal, if implemented smoothly, could enhance consumer spending and business confidence. Ultimately, the most decisive factor will be corporate earnings—if upcoming results reflect a strong and broad-based recovery across sectors, it may well provide the trigger for the market to test new highs during the festive season," said Mishra. Experts point to five key factors that could determine whether the domestic market scales record highs before Diwali 2025. If Trump decides to withdraw the secondary tariffs imposed on India, it would provide significant relief to the market. In such a scenario, experts expect foreign investors to return in large numbers, potentially driving the market to unprecedented highs. Trump has hinted that the retaliatory tariffs on countries like India and China for procuring Russian oil may be dropped in case of a positive outcome on the Russia-Ukraine front. "If the US tariff war against India eases, foreign portfolio investors (FPIs) are expected to return in a big way. A rollback of tariffs to the 19–20 per cent range could trigger strong inflows, given that India's economic fundamentals remain intact, S&P Global has upgraded the country's rating despite tariff risks, and oil prices are expected to soften further," said G Chokkalingam, the founder and head of research at Equinomics Research Private Limited. "Easing economic and trade-related uncertainties—particularly between India and the US—would support investor sentiment," said Ajit Mishra, SVP of research at Religare Broking. On August 15, PM Modi announced the next-generation GST reforms. This could be a game-changer for the Indian economy as it may boost consumption, which has been lacklustre despite the good monsoon. According to reports, most products and services attracting a tax rate of 12 per cent and 28 per cent will be shifted to the 5 per cent and 18 per cent slabs, respectively. After relief on the income tax front, announced in Budget 2025, the GST reforms could boost rural and urban consumption, boosting the Indian economy. "The announcement of GST reforms is perhaps the most promising development. While monsoons have been favourable for three consecutive years, discretionary spending has not picked up to the extent seen in earlier periods of good rainfall. The proposed GST reform is a long-awaited move and could be a game-changer, as it would boost disposable incomes, thereby driving corporate earnings growth," Chokkalingam observed. Chokkalingam added that India has already benefited from direct tax concessions, and an indirect tax cut would further strengthen aggregate demand and help cushion external headwinds. According to brokerage firm Emkay Global, GST reforms could be a rerating trigger for the market, given the long-term growth benefits to the economy. The brokerage firm has revised its Nifty target to 28,000 for September 2026, with an aggressive 20.7 times one-year forward price-to-earnings ratio (+1sd above the five-year average). "The GST rationalisation offsets near-term worries on weak growth and tepid earnings. The six-week downtrend should now reverse, as the outlook for earnings improves considerably, and valuations will factor in the broader positives of this big-ticket reform measure," said Emkay. As India's growth outlook remains robust and inflation is under control due to easing food inflation and lower crude oil prices, corporate earnings are expected to improve from the second half of the financial year (H2FY26). Brokerage firm Motilal Oswal Financial Services estimates FY26 PAT (profit after tax) growth of 9.8 per cent for Nifty. "Given a favourable base effect, markets are likely to respond positively, especially as multiple government measures are expected to improve overall growth dynamics and sentiments in H2FY26," said the brokerage firm. The Reserve Bank of India (RBI) is expected to further reduce the repo rate as inflation remains low and economic growth comes into focus amid tariff concerns. Experts expect a rate cut in the upcoming policy decision on October 1. "A reversal in the interest rate cycle would act as another significant tailwind for the markets, with the RBI widely expected to cut rates in its upcoming policy meeting," said Chokkalingam. At this juncture, the scope of a rate cut by the US Federal Reserve appear feeble given the fact that the impact of Trump's tariffs on the US inflation will be visible from the coming months. Emerging markets like India tend to receive healthy foreign capital inflows when the dollar weakens and bond yields moderate. This can happen only if the Fed embarks on aggressive rate cuts. Shrikant Chouhan, the head of equity research at Kotak Securities, underscored that the market appears expensive in terms of valuations, with the index trading at 19 times FY27 earnings (one year forward). "If we receive external liquidity support, the market could surpass its previous highs. For this to happen, a decline in the dollar index or the 10-year bond yield would be necessary. This could occur if the US opts for an aggressive rate cut, which, while unlikely, cannot be entirely ruled out. Such a scenario would help strengthen our currency and attract foreign investments," said Chouhan. Read all market-related news here Read more stories by Nishant Kumar Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.
Deccan Herald
6 minutes ago
- Deccan Herald
UP couple's 'unique' investment plan to secure a future brings cops to their door step
The couple invested heavily in mutual funds, bought a few LIC policies and also bought a piece of land worth Rs 10 lakh in the town with the stolen money.
Economic Times
6 minutes ago
- Economic Times
Draft BIS norms spark debate over cost burden on small sellers
iStock Growing compliance hurdles are threatening the growth trajectory of India's online retail boom, say experts. India's booming e-commerce sector, expected to reach $315-330 billion by 2030, is facing regulatory challenges that industry leaders warn may slow its growth a webinar hosted recently by the Policy Consensus Centre (PCC) on August 14, 2025, policy experts and sellers voiced a common concern: the growing web of overlapping rules, particularly the Bureau of Indian Standards' (BIS) draft guidelines for retail e-commerce. While the panel acknowledged the need for consumer protection, they cautioned that the draft norms—despite their good intentions—could lead to the duplication of existing laws and increase compliance costs for small businesses. This, they warned, could ultimately undermine the very entrepreneurs the digital marketplace is meant to empower, especially those from the MSME ecosystem. A sector at a crossroads E-commerce has transformed from an 'experimental curiosity' two decades ago to nearly 7% of India's retail market today, said Arindam Goswami, Co-founder and Partner, Policy Consensus Centre. But with that growth has come 'a mixed bag of overlapping and often duplicative obligations' imposed by multiple ministries and regulators. 'Overregulation of platforms will inevitably trickle down to sellers, mostly MSMEs and home-grown entrepreneurs,' Goswami stated, emphasising that regulation must be proportionate, coherent, and mindful of the realities faced by micro-sellers. A crucial aspect of the deliberation involved the draft guidelines proposed by the Bureau of Indian Standards (BIS). Aimed at strengthening consumer trust through uniform practices, it has drawn a mixed response. Although the intent of the proposal garnered significant backing, the panel identified potential redundancies with current regulations outlined in the Consumer Protection (E-Commerce) Rules, along with forthcoming data protection legislation. Enforcement without warning Sudden enforcement continues to be one of the most significant challenges for small sellers. 'BIS confiscations brought my business to a standstill for weeks,' said Amandeep Budhiraja, founder of Lucky Sales and brand owner of JustToyz. The high-resolution image requirement, he noted, is unworkable for household sellers who 'don't even have the equipment' for professional product shoots. A simple photo shoot can cost Rs 2,000—more than the value of many items sold also flagged practical contradictions: BIS inspectors advising traders not to open and inspect products before sale, even if returns later reveal defects, and sellers having to repeat identical tests to meet multiple standards for domestic and export markets. 'The umbrella should cover it all,' he argued, 'otherwise micro sellers can't even think of exporting.' Legal concerns over scope From a legal standpoint, the question is whether BIS is straying into operational regulation better left to existing laws, according to panellists. 'Our existing rules are sufficient,' said Shashi Mathews, Partner at IndusLaw. 'With established rules already in place, adding duplicate layers of regulation serves little purpose. Platforms, as intermediaries, cannot be held fully responsible for the entire supply chain. Piling on more obligations risks pushing sellers out of the ecosystem,' he said, pressing for international reciprocity so products meeting global standards don't need duplicative Indian certification. Swapnil Yadav, Senior Manager (Public Policy) at NASSCOM, took a pragmatic line. While some provisions are duplicative, he said, others address gaps—such as explicit anti-counterfeiting measures—and should be retained. But requiring platforms to disclose material composition or environmental impact, he cautioned, is unrealistic when small sellers often lack that data.'The responsibilities need to be redistributed between platforms and sellers,' Yadav argued, adding that intermediaries like logistics providers should also be covered. He called for technology to bridge the compliance divide: 'Tech should be an ally, not create a digital cleavage between large and small players.'Dharmender Jhamb, Partner & Leader-Fintech at Grant Thornton Bharat LLP, highlighted India's pioneering role in regulating 'dark patterns'—deceptive design practices that mislead users into unintended purchases. 'Transparency before a purchase, clear consent mechanisms, and robust dispute resolution are positives in the BIS draft,' he said, adding that they build trust, which is beneficial for the long-term health of e-commerce. However, Jhamb warned that small firms lack the tools to self-audit for such patterns and called for government-approved toolkits to avoid compliance BIS draft's prohibition on 'preferential treatment' by marketplaces stirred debate. Competition lawyer M.M. Sharma supported the intent, saying it could address issues like platforms promoting their private labels over independent sellers. But others noted that preferential placement is common in offline retail and argued that distinguishing between legitimate and anti-competitive preference is global trade headwinds and domestic cost pressures, panelists urged the government to use this moment to rationalise the rulebook. 'Targeted deregulation and streamlining could be the growth catalyst the sector needs,' said Goswami. The panellists further highlighted that the issue also has export implications: easing compliance for B2C shipments could open global markets to small Indian sellers, especially if AI and automation are used to meet product display and disclosure requirements at low cost. Way forward With the BIS draft still under consultation, much will depend on how the final framework balances consumer protection with ease of doing business. For an industry projected to power the next phase of India's retail growth, the outcome could define whether regulation becomes a growth enabler or a brake on innovation, panelists said. Despite diverging views on specific provisions, the panelists further converged on a few shared principles. They agreed that regulation is necessary, but it must steer clear of duplication. Consumer trust, they emphasised, rests on transparency rather than bureaucratic overload.
