Latest news with #LloydsEngineeringWorks
Business Standard
4 days ago
- Business
- Business Standard
Lloyds Engg gains after subsidiary secures Rs 20-cr order
Lloyds Engineering Works (LEWL) shares rose 1.55% to Rs 70 after the company announced that its subsidiary, Techno Industries (TI), has secured an escalator and annual maintenance contract (AMC) order worth Rs 19.58 crore from Mumbai Railway Vikas Co According to an exchange filing, the contract includes the design, manufacturing, supply, installation, testing, commissioning, and maintenance of escalators. With this award, TIs confirmed order book now stands at Rs 82.86 crore. The Indian Railways sector offers vast and sustained growth opportunities, and this order represents a significant entry point for TI to establish a strong, long-term presence in this high-potential market. The company said this win marks the early execution of LEWLs multi-pronged growth strategy for TI, which includes expansion into tier-2 and tier-3 markets, diversification into industrial elevators, parking systems, and export markets, as well as scaling its motors and pumps verticals. Well positioned to capture the rising demand for elevators, escalators, motors, and pumps, TI is fully equipped to meet this demand effectively, supported by strong market fundamentals and robust execution capabilities. Lloyds Engineering Works (LEWL) provides a complete engineering and infrastructure solutions package by carrying out design, engineering, manufacturing, fabrication, and installation. Its products cover various categories in heavy equipment, machinery and systems for the carbon sector, oil and gas, steel plant equipments, power plants, nuclear plant boilers and turnkey projects.
Business Standard
4 days ago
- Business
- Business Standard
Techno Industries wins order of Rs 19.58 cr from Mumbai Railway Vikas Corporation
Lloyds Engineering Works (LEWL) announced that its 88%-owned subsidiary, Techno Industries (TI), has secured a Rs 19.58 crore order from Mumbai Railway Vikas Corporation. The contract covers the design, manufacturing, supply, installation, testing, commissioning, and maintenance of escalators. With this award, TI's confirmed order book now stands at Rs 82.86 crore. The Indian Railways sector offers vast and sustained growth opportunities, and this order serves as a significant entry point for TI to establish a strong, long-term presence in this high-potential Railway sector. The contract, secured outside Gujarat, also reflects the company's strategic focus on broadening its geographical footprint, scaling its escalator and AMC businesses, and tapping into India's expanding institutional infrastructure sector. This win marks early execution of LEWL's multi-pronged growth strategy for TIexpansion into tier-2/3 markets, diversification into industrial elevators, parking systems, and export markets, and scaling its motors and pumps verticals. Well positioned to capture the rising demand for elevators, escalators, motors, and pumps, TI is fully geared to meet this demand effectively, supported by strong market fundamentals and execution capabilities.
Business Standard
30-07-2025
- Business
- Business Standard
Lloyds Engineering Works standalone net profit declines 17.01% in the June 2025 quarter
Sales rise 28.82% to Rs 174.45 crore Net profit of Lloyds Engineering Works declined 17.01% to Rs 17.61 crore in the quarter ended June 2025 as against Rs 21.22 crore during the previous quarter ended June 2024. Sales rose 28.82% to Rs 174.45 crore in the quarter ended June 2025 as against Rs 135.42 crore during the previous quarter ended June 2024. Particulars Quarter Ended Jun. 2025 Jun. 2024 % Var. Sales 174.45135.42 29 OPM % 13.9518.57 - PBDT 31.6125.65 23 PBT 29.5223.66 25 NP 17.6121.22 -17
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Business Standard
29-07-2025
- Business
- Business Standard
Q1 results today: L&T, Asian Paints, Varun Beverages, NTPC on July 29
Q1 FY26 company results today: ASK Automotive, Bank of India, GHCL Textiles, Lloyds Engineering Works, and Zee Media will release their April-June quarter earnings reports on July 29 Apexa Rai New Delhi Larsen & Toubro (L&T), Asian Paints, Varun Beverages, NTPC, and Bank of India are scheduled to announce their earnings report for the first quarter (Q1) of the financial year 2025-26 (FY26) on Tuesday. A host of other companies, including SK Automotive, Star Health, Allied Insurance Company, Blue Dart Express, GHCL Textiles, Lloyds Engineering Works, and Zee Media, are expected to declare their Q1 results today. Adani Green Energy Q1 results highlights Adani Green Energy reported a consolidated net profit of ₹713 crore in Q1FY26, up 60 per cent year-on-year (Y-o-Y) from ₹446 crore. Sequentially, profit rose 210 per cent from ₹230 crore in Q4FY25. Revenue from power supply grew 31 per cent Y-o-Y to ₹3,312 crore, compared to ₹2,528 crore last year. On a sequential basis, revenue rose 24.2 per cent from ₹2,666 crore. IndusInd Bank Q1 results highlights IndusInd Bank reported a 72 per cent Y-o-Y decline in net profit to ₹604 crore in Q1FY26, impacted by increased provisions for retail loans and lower core and non-core income. In the previous quarter (Q4 FY25), the bank reported a ₹2,329 crore loss due to heavy provisioning and the reversal of misbooked revenues linked to accounting issues in derivatives and microfinance. Net interest income fell 14 per cent YoY to ₹4,640 crore on a shrinking loan book but rose 52 per cent sequentially. Other income declined 12 per cent YoY to ₹2,157 crore. Market close highlights from July 28 The benchmark equity indices ended in the red on Monday, weighed down by selling across banking, IT, and realty sectors. The BSE Sensex declined 572.07 points, or 0.70 per cent, to close at 80,891, while the NSE Nifty50 dropped 156.10 points, or 0.63 per cent, to settle at 24,680.90. Market overview for July 29 Domestic equities are expected to remain cautious as uncertainty over a potential trade agreement with the United States continues to weigh on investor sentiment, coupled with persistent selling by foreign portfolio investors (FPIs). At 8:15 am, the GIFT Nifty was down 0.2 per cent, indicating a subdued opening for Indian markets. Benchmark indices are likely to follow cues from broader Asian markets, which are under pressure ahead of this week's tariff deadline. The MSCI Asia Pacific Index declined by 0.68 per cent. Japan's Nikkei slipped 0.78 per cent, while South Korea's Kospi edged down 0.02 per cent. Allied Blenders and Distillers Ltd Alan Scott Enterprises Ltd Amber Enterprises India Ltd Apar Industries Ltd Arvind Ltd Asahi Songwon Colors Ltd Asian Paints Ltd ASK Automotive Ltd Bank of India Basant Agro Tech India Ltd BFL Asset Finvest Ltd Bharat Gears Ltd Bharat Seats Ltd Bliss GVS Pharma Ltd Blue Dart Express Ltd John Cockerill India Ltd Comfort Commotrade Ltd Comfort Fincap Ltd Craftsman Automation Ltd Dilip Buildcon Ltd DB International Stock Brokers Ltd Deepak Fertilisers & Petrochemicals Corporation Ltd D.P. Abhushan Ltd Dalal Street Investments Ltd Eiko Lifesciences Ltd Electrotherm (India) Ltd Emami Paper Mills Ltd Entertainment Network (India) Ltd Foseco India Ltd Gabriel India Ltd-$ Gallantt Ispat Ltd Gateway Distriparks Ltd Gayatri BioOrganics Ltd GHCL Textiles Ltd GMR Airports Ltd Golkunda Diamonds & Jewellery Ltd Greenply Industries Ltd Gujarat Poly Electronics Ltd GE Vernova T&D India Ltd Happiest Minds Technologies Ltd HeidelbergCement India Ltd Hind Rectifiers Ltd IFB Industries Ltd IFL Enterprises Ltd International Gemmological Institute India Ltd Invigorated Business Consulting Ltd iStreet Network Ltd Jagran Prakashan Ltd Jasch Industries Ltd Jasch Gauging Technologies Ltd J. Kumar Infraprojects Ltd Jubilant Pharmova Ltd Kolte-Patil Developers Ltd Kopran Ltd Lloyds Engineering Works Ltd Larsen & Toubro Ltd Mahaveer Infoway Ltd Manaksia Steels Ltd Martin Burn Ltd Master Trust Ltd Mather and Platt Fire Systems Ltd Mysore Paper Mills Ltd Naperol Investments Ltd National Plastic Technologies Ltd The New India Assurance Company Ltd NRB Industrial Bearings Ltd Nilkamal Ltd Nalin Lease Finance Ltd Northern Arc Capital Ltd Novartis India Ltd National Peroxide Ltd NTPC Ltd Odyssey Technologies Ltd Parshva Enterprises Ltd Piramal Enterprises Ltd Pil Italica Lifestyle Ltd Quadrant Future Tek Ltd Radhika Jeweltech Ltd Remi Edelstahl Tubulars Ltd Robust Hotels Ltd Rushabh Precision Bearings Ltd Shardul Securities Ltd Siyaram Silk Mills Ltd S.J.S. Enterprises Ltd Stanpacks India Ltd Strides Pharma Science Ltd Star Health and Allied Insurance Company Ltd Summit Securities Ltd Timex Group India Ltd Tirupati Starch & Chemicals Ltd Triveni Engineering & Industries Ltd Vanta Bioscience Ltd Varun Beverages Ltd Vertex Securities Ltd V-Guard Industries Ltd Viksit Engineering Ltd Voltamp Transformers Ltd Welspun Corp Ltd Zee Media Corporation Ltd
Mint
04-07-2025
- Business
- Mint
Stocks to buy under ₹100: Experts recommend three shares to buy today — 4 July 2025
Stocks to buy under ₹ 100: The Indian stock market continued to face selling pressure at higher levels on Thursday. The Nifty 50 index ended 48 points lower at 25,405, the BSE Sensex shed 170 points and closed at 83,239, while the Bank Nifty index finished 207 points lower at 56,791. Despite the prevailing selling, Dr. Reddy's, Apollo Hospitals, and Hero MotoCorp emerged as top performers on the Nifty, demonstrating notable resilience. Conversely, SBI Life, Kotak Bank, and Bajaj Finserv bore the brunt of the selling pressure, concluding the session as major losers. Trading volumes on the NSE cash market were 8% lower than yesterday, indicating moderate activity. The Nifty Midcap and the Nifty Smallcap Index bucked the broader trend today, ending marginally in the green. The Nifty Midcap 100 Index rose slightly by 0.03%, while the Nifty Smallcap 100 gained 0.26%. Market breadth also turned somewhat positive, with advancing stocks just outpacing declining ones, as indicated by a BSE advance-decline ratio of 1.01. Speaking on the outlook of the Nifty 50 today, Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, said, "The Nifty 50 index continues to drag after the initial positive opening session, finding resistance near the 25,570 zone and with profit booking seen, ended the session near the 25,400 level with bias and sentiment still sustained. As mentioned earlier, the index has important near-term support near the 25,250-25,300 zone. Once the index stabilises and sustains the zone, we can expect a revival and carry on with the positive move for higher targets of 25,700 and 26,200 levels, which is achievable." "The Bank Nifty index witnessed another weak session, closing in the red and closing near the 56,800 zone, having the important support near the 56,000 level, as mentioned earlier, which needs to be sustained as of now. The index has resisted near the upper band of the channel at the 57,500 zone, and currently, with a slightly weak bias, would need a revival. Once a decisive breach above the resistance level of 57,600 is breached, one can expect fresh targets of 58,500 and 60,000 levels in the coming days," said Shiju Kuthupalakkal of Prabhudas Lilladher. Regarding stocks to buy today, Vaishali Parekh, Vice President—Technical Research at Prabhudas Lilladher; Sugandha Sachdeva, Founder of SS WealthStreet; and Anshul Jain, Head of Research at Lakshmishree Investment — recommended these three intraday stocks for today: Lloyds Engineering Works, ESAF Small Finance Bank, and Motherson Sumi Wiring India. 1] Lloyds Engineering Works: Buy at ₹ 78, Target ₹ 85, Stop Loss ₹ 75. 2] ESAF Small Finance Bank: Buy at ₹ 34.40, Targets ₹ 37, ₹ 37.80, Stop Loss ₹ 32.80. 3] Motherson Sumi Wiring India: Buy at ₹ 60.40, Target ₹ 64, Stop Loss ₹ 59.
