23 Jun 2025

Lloyds Metals & Energy Rises on BSE, Commissions Pellet Plant and Slurry Pipeline to Boost Efficiency

Lloyds Metals & Energy is currently trading at RS. 1483.00, up by 13.45 points or 0.92% from its previous closing of RS. 1469.55 on the BSE.

The stock opened at RS. 1470.00 and touched an intraday high of RS. 1496.20 and a low of RS. 1469.00. A total of 8164 shares have been traded so far.

A BSE group 'A' stock with a face value of RS. 1, Lloyds Metals & Energy touched a 52-week high of RS. 1543.50 on June 17, 2025, and a 52-week low of RS. 675.00 on July 23, 2024. In the past week, the scrip recorded a high of RS. 1543.50 and a low of RS. 1458.00. The company's current market capitalization stands at RS. 77934.27 crore.

Promoter holding in the company is 63.44%, with Institutions and Non-Institutions holding 4.04% and 32.53%, respectively.

In a major operational milestone, Lloyds Metals and Energy has successfully commissioned two key strategic projects: a 4 million tonnes per annum (MTPA) pellet plant at Konsari, Maharashtra, and an 85-kilometre iron ore slurry pipeline from Hedri to Konsari. These projects are integral to strengthening the company’s integrated value chain and improving overall operational efficiency.

The new 4 MTPA pellet plant marks a significant advancement in the company’s iron ore mining segment, enabling the conversion of iron ore fines into high-quality pellets for steel production. The plant is aligned with the firm’s upcoming mining capacity expansion and future steel-making plans, enhancing long-term integration and improving margins in the medium term.

Additionally, the 85 KM, 10 million metric tonne (MMT) slurry pipeline — a first-of-its-kind in Western India — creates a sustainable and efficient logistics link between the Gadchiroli iron ore mine and the Konsari pellet plant. This development will significantly reduce internal freight costs, lower carbon emissions, and increase the commercial viability and efficiency of material movement.

Lloyds Metals and Energy is engaged in sponge iron manufacturing, power generation, and mining operations.