Hot Pursuit     21-Mar-24
Lloyds Metals gains as board OKs to raise Rs 5,000 cr via QIP
Lloyds Metals and Energy rallied 2.47% to Rs 590 after the iron ore miner announced that its board has approved raising of funds through qualified institutional placement (QIP) upto Rs 5,000 crore.
The company will raise funds through issuance of eligible securities via QIP to qualified institution buyers (QIB) in one or more tranches, subject to the approval of the shareholders.

Lloyds Metals and Energy is a metals and mining company engaged in mining iron ore, manufacturing sponge iron and generating power.

The company’s consolidated net profit surged 44.13% to Rs 331.50 crore on 91.12% jump in revenue from operations to Rs 1,910.53 crore in Q3 FY24 over Q3 FY23.

Previous News
  Lloyds Metals & Energy consolidated net profit rises 38.22% in the June 2024 quarter
 ( Results - Announcements 30-Jul-24   13:00 )
  Lloyds Metals & Energy to convene board meeting
 ( Corporate News - 05-Dec-23   22:35 )
  Lloyds Metals & Energy incorporates renewable energy subsidiary - Lloyds Surya
 ( Corporate News - 12-Oct-23   13:45 )
  Lloyds Metals & Energy announces resignation of MD
 ( Corporate News - 07-Aug-23   18:42 )
  Lloyds Metals & Energy reports net loss of Rs 10.80 crore in the September 2013 quarter
 ( Results - Announcements 12-Nov-13   11:47 )
  Lloyds Metals & Energy reports net loss of Rs 15.69 crore in the September 2011 quarter
 ( Results - Announcements 09-Nov-11   17:33 )
  Lloyds Metals & Energy reports net loss of Rs 6.56 crore in the June 2011 quarter
 ( Results - Announcements 29-Jul-11   12:56 )
  Lloyds Metals & Energy allots 3.20 lakh equity share to ESOP Trust
 ( Corporate News - 08-Sep-21   18:31 )
  Lloyds Metals edges higher after iron ore production rises over 15% YoY in Q1
 ( Hot Pursuit - 18-Jul-24   11:21 )
  Lloyds Metals & Energy standalone net profit declines 15.58% in the December 2020 quarter
 ( Results - Announcements 13-Feb-21   08:24 )
  Lloyds Metals & Energy EGM scheduled
 ( Corporate News - 03-Mar-20   17:32 )
Other Stories
  UCO Bank’s total advances jump 19% YoY in Q2 FY25
  04-Oct-24   15:15
  Vakrangee Ltd leads losers in 'A' group
  04-Oct-24   15:00
  Kamdhenu Ventures Ltd leads losers in 'B' group
  04-Oct-24   14:45
  GRSE bags Rs 226-cr LoA from West Bengal Govt
  04-Oct-24   14:40
  Volumes soar at Avenue Supermarts Ltd counter
  04-Oct-24   14:30
  Real Estate stocks edge lower
  04-Oct-24   14:00
  Auto stocks edge lower
  04-Oct-24   14:00
  Utilties stocks edge lower
  04-Oct-24   14:00
  HDFC Bank Ltd down for fifth straight session
  04-Oct-24   13:35
  Power Grid Corporation of India Ltd down for fifth straight session
  04-Oct-24   13:35
Back Top