Lloyds Metals shines on likely gains from acquisition, capex
Mint Bangalore|January 08, 2025
Lloyds Metals & Energy Ltd's shares have gained about 15% so far in 2025 after the company's quarterly update and announcement of employee stock options (Esops) for its 6,000 workers.
Ashish Agrawal

For the December quarter (Q3FY25), its iron ore production is up 8% year-on-year, higher than the 3.5% growth in half-year ended September (H1). Volume growth, along with the ₹800-900 per tonne price hike during the quarter, should boost profitability.

The issuance of Esops, worth over ₹1,400 crore at the current price, carries significance given the disruption faced by the iron ore miner until some years ago due to its presence in Maoist-affected Gadchiroli in Maharashtra.

この記事は Mint Bangalore の January 08, 2025 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Mint Bangalore の January 08, 2025 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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