Lloyds Metals & Energy Ltd spurts 1.13%, rises for third straight session
Lloyds Metals & Energy Ltd rose for a third straight session today. The stock is quoting at Rs 1525, up 1.13% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.42% on the day, quoting at 25209.65. The Sensex is at 82725.53, up 0.41%. Lloyds Metals & Energy Ltd has added around 20.74% in last one month.
Meanwhile, Nifty Metal index of which Lloyds Metals & Energy Ltd is a constituent, has added around 7.33% in last one month and is currently quoting at 9509.7, up 0.61% on the day. The volume in the stock stood at 2.68 lakh shares today, compared to the daily average of 6.06 lakh shares in last one month.
The PE of the stock is 54.4 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
Economic Times
6 minutes ago
- Economic Times
Knowledge Realty Trust REIT shares list at 4% premium over issue price
Knowledge Realty Trust REIT made a steady debut on the bourses today, with a premium of 4%. The stock listed at Rs 103 on the NSE and Rs 104 on the BSE against the issue price of Rs 100 per unit. ADVERTISEMENT The Rs 4,800 crore IPO of Knowledge Realty Trust REIT, India's largest office real estate investment trust, had received robust investor interest, with the issue subscribed 12.48 times overall. The QIB portion was booked 9.07 times, while non-institutional investors (NIIs) subscribed 16.57 times. The REIT also garnered Rs 1,620 crore from anchor investors ahead of the IPO. Proceeds from the fresh issue will primarily be used to partially or fully repay borrowings of its asset SPVs and investment entities, amounting to Rs 4,640 crore, with the balance earmarked for general Realty Trust REIT manages a portfolio of 30 Grade-A office assets across six cities, including Hyderabad, Mumbai, Bengaluru, Chennai, Gurugram, and GIFT City in Ahmedabad, with a committed occupancy of 91.4% as of March 31, tenant base includes Fortune 500 companies, global capability centres, and leading domestic corporates. ADVERTISEMENT For FY25, the REIT reported total income of Rs 4,146.86 crore, up 16% year-on-year, though profit after tax fell 34% to Rs 222.52 crore. Unlock 500+ Stock Recos on App With its scale, geographic diversification, and backing from global sponsors Blackstone and Sattva, Knowledge Realty Trust REIT is being closely watched as a barometer for institutional appetite in India's commercial office space. ADVERTISEMENT Analysts expect the trust's stable rental income and strong tenant mix to support long-term returns, though near-term performance will depend on secondary market sentiment. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times) ADVERTISEMENT (You can now subscribe to our ETMarkets WhatsApp channel)
News18
6 minutes ago
- News18
Following the GST Rejig, Indian Markets Opened In Green. Sensex surged 900 points
Following the GST Rejig, Indian Markets Opened In Green. Sensex surged 900 points | News18 Last Updated: India Videos | Following the GST rejig, Indian markets opened in green. Sensex surged 900 points, while Nifty gained 300 points.n18oc_indiaNews18 Mobile App -
India Today
6 minutes ago
- India Today
Maruti Suzuki shares jumps 7%: Why are auto stocks rallying today?
Auto sector shares jumped sharply on Monday as Sensex and Nifty started the week with a bang after a brief pause due to Independence Day. Both the indices rallied in early trade on Monday, adding over 1% to their previous auto sector stocks rallied sending the market up. The S&P BSE Sensex was up 1,062.91 points to 81,659.75, while the NSE Nifty50 jumped 356 points to 24,987.30 as of 9:32 VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said, "There are strong tailwinds for the market with potential to take it higher. Declarations by the prime minister on the next major reforms in GST by Diwali, is a big positive. The expectation is that most of the goods and services will be in the 5% and 18% tax slabs."He added that sectors like autos and cement which are presently in the 28% tax slabs are expected to the opening bell, Maruti Suzuki surged the most with a sharp gain of 7.14%, followed by Bajaj Finance up 4.79%, Mahindra & Mahindra adding 3.81%, and Bajaj Finserv climbing 3.48%.Losses were seen in a few heavyweights. Larsen & Toubro slipped 0.57%, ITC fell 0.43%, HCL Technologies declined 0.31%, Sun Pharmaceutical Industries dropped 0.20%, and Infosys edged lower by 0.11%. Early trade clearly showed strong buying in auto and financial stocks, while IT and pharma names dragged at the AUTO STOCKS ARE RISING?TVS Motors, Hero, Eicher, M&M and Maruti are likely to respond positively to the news. Insurance companies are also expected to benefit from the GST revision. S&P 500 upgrading India's sovereign credit rating is another major positive. But the market ignored this announcement since the negative news flows are also strong. India-US trade talks are unlikely to happen before August 27th deadline. The ' Trump Sword' of 50% tariff dangling on India will restrain the market enthusiasm which can be triggered by the positive news mentioned earlier. The outcome of today's meeting at the White House for finding a solution to the Russia-Ukraine conflict will be keenly watched by the market.- Ends advertisement
