Latest news with #LloydsMetals&EnergyLtd
Business Standard
29-05-2025
- Business
- Business Standard
Quick Wrap: Nifty Metal Index rises 1.21%
Nifty Metal index closed up 1.21% at 9351.65 today. The index is up 9.00% over last one month. Among the constituents, Welspun Corp Ltd gained 10.00%, Lloyds Metals & Energy Ltd added 4.23% and Jindal Stainless Ltd rose 3.42%. The Nifty Metal index is down 5.00% over last one year compared to the 9.38% surge in benchmark Nifty 50 index. In other indices, Nifty Realty index added 1.14% and Nifty Pharma index added 0.92% on the day. In broad markets, the Nifty 50 recorded a gain of 0.33% to close at 24833.6 while the SENSEX added 0.39% to close at 81633.02 today.
Business Standard
28-05-2025
- Business
- Business Standard
Lloyds Metals & Energy Ltd spurts 0.71%, up for fifth straight session
Lloyds Metals & Energy Ltd is quoting at Rs 1367.1, up 0.71% on the day as on 12:44 IST on the NSE. The stock is up 97.69% in last one year as compared to a 9.21% slide in NIFTY and a 5.96% slide in the Nifty Metal. Lloyds Metals & Energy Ltd gained for a fifth straight session today. The stock is quoting at Rs 1367.1, up 0.71% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.13% on the day, quoting at 24795.1. The Sensex is at 81431.45, down 0.15%. Lloyds Metals & Energy Ltd has gained around 13.62% in last one month. Meanwhile, Nifty Metal index of which Lloyds Metals & Energy Ltd is a constituent, has gained around 7.52% in last one month and is currently quoting at 9294.95, down 0.43% on the day. The volume in the stock stood at 1.67 lakh shares today, compared to the daily average of 4.59 lakh shares in last one month. The PE of the stock is 49.04 based on TTM earnings ending March 25.
Business Standard
26-05-2025
- Business
- Business Standard
Lloyds Metals & Energy Ltd up for third straight session
Lloyds Metals & Energy Ltd is quoting at Rs 1353.7, up 1.08% on the day as on 12:49 IST on the NSE. The stock is up 94.58% in last one year as compared to a 8.88% drop in NIFTY and a 5.96% drop in the Nifty Metal index. 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.
Business Standard
14-05-2025
- Business
- Business Standard
Quick Wrap: Nifty Metal Index gains 2.46%
Nifty Metal index ended up 2.46% at 9052.1 today. The index has gained 11.00% over last one month. Among the constituents, Steel Authority of India Ltd rose 5.76%, Lloyds Metals & Energy Ltd gained 5.04% and National Aluminium Company Ltd jumped 4.92%. The Nifty Metal index has fallen 3.00% over last one year compared to the 11.02% increase in benchmark Nifty 50 index. In other indices, Nifty Realty index gained 1.70% and Nifty Energy index added 1.42% on the day. In broad markets, the Nifty 50 added 0.36% to close at 24666.9 while the SENSEX increased 0.22% to close at 81330.56 today.
Yahoo
31-01-2025
- Business
- Yahoo
Lloyds Metals & Energy Ltd (BOM:512455) Q3 2024 Earnings Call Highlights: Record Production ...
Revenue Growth: 11% year-on-year increase for nine months FY '25. EBITDA Growth: 31% year-on-year increase for nine months FY '25. Iron Ore Realizations: Improved by 8% year-on-year in Q3 FY '25 to INR 5,894 per ton; 10% year-on-year increase for nine months FY '25 to INR 5,718 per ton. Iron Ore EBITDA: 21% year-on-year increase in Q3 FY '25 to INR 2,021; 21% year-on-year increase for nine months FY '25 to INR 1,860. DRI Production: 78,000 tons in Q3 FY '25; 239,000 tons for nine months FY '25. CapEx: INR 2,700 crores spent in nine months FY '25; total of INR 4,400 crores planned. Warning! GuruFocus has detected 2 Warning Sign with BOM:512455. Release Date: January 29, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Lloyds Metals & Energy Ltd (BOM:512455) recorded its highest ever production during the nine-month period, operating at optimum capacity utilization. The company achieved a 31% year-on-year growth in EBITDA, driven by strong performance in the iron ore and sponge iron segments. The iron ore segment saw improved realizations per ton, with an 8% year-on-year increase in Q3 FY '25. Ongoing projects, including the DRI and pellet plant, are nearing completion and are expected to be commissioned by the end of the current quarter or early next quarter. The company has implemented cost-efficiency measures, ensuring sustainable profits and maintaining competitiveness in the market. Market conditions for sponge iron remain volatile, impacting profitability despite operational efficiencies. Power segment volumes remained flat year-on-year, with muted power prices affecting EBITDA. The company faces potential delays in receiving environmental clearance (EC), which could impact expansion timelines. There is uncertainty regarding the timeline for the full ramp-up to desired production levels once EC is received. The company is exposed to market fluctuations and pricing volatility, particularly in the DRI and power segments. Q: What is the status of the mine's environmental clearance (EC) and when can it be expected? A: The public hearing was held successfully, and the process is now with the district administration. We expect the EC to be finalized within 60 to 70 days. Once received, the expansion can commence shortly thereafter. - Rajesh Gupta, Non-Executive Director Q: Can you provide guidance on iron ore production for the remainder of the fiscal year? A: We have dispatched 7.87 million tons in the first nine months and expect to reach 10 million tons by the end of the fiscal year, implying approximately 2.2 million tons in the fourth quarter. - Rajesh Gupta, Non-Executive Director Q: When will the cost savings from the new business structure be realized? A: The benefits will begin from April 1, 2025, following the NCLT order. The savings will be immediate as the business will operate under a consolidated structure. - Riyaz Shaikh, Chief Financial Officer Q: How long will it take to ramp up production to the desired levels once the EC is in place? A: We are prepared to start mining immediately after EC approval, with machinery in place to achieve 2.2 million tons per month. The pipeline will support evacuation, and we aim to be fully operational within 30 days post-EC. - Rajesh Gupta, Non-Executive Director Q: What is the timeline for the beneficiation plant and its phases? A: The first phase of the beneficiation plant is expected to be operational by 2027, with subsequent phases following annually. Each phase will add 15 million tons of capacity. - Rajesh Gupta, Non-Executive Director For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
