During Monday’s trading session, the shares of a company in the business of manufacturing sponge iron, power generation and mining activities slumped 6.3 percent on BSE, after the company reported Q4 FY25 financial results with a net profit decline by around 48 percent QoQ and 27 percent YoY. Price Movement With a market cap of [...]
According to Steelradar, India's sponge iron sector is a vital component of the steel industry, producing approximately 52 million tonnes in FY 2023-24, marking an 18% increase from the previous year. As the world's largest producer since 2003, India contributes 13% of global sponge iron output, primarily using coal-based methods. With a market capitalization of [...]
Metal stock engaged in the business of mining iron ore, manufacturing sponge iron, and generating power in focus after Quant Mutual Fund subscribes to equity shares of the company through QIP. Price Action With a market capitalization of Rs. 38,4400 Crores, the shares of Lloyds Metals and Energy Limited were trading at Rs. 760.80 per [...]
Coffee investing is a great investing strategy that can multiply your wealth with minimal amount of risk. In this strategy investors purchase stocks of companies which have performed exceptionally well for a consistent period of time. After this, forget the stock for 10 years and avoid buying or selling them. After the end of the [...]
Companies generally manage their capital requirements with the help of equity or through internally generated cash. However, they may also use debt for the same. While debt provides financial leverage to companies, too much of it can cause trouble. Debt-free companies send a signal to investors that they are able to manage their funding requirements [...]
The Shares of Lloyds Metals And Energy Limited have delivered 9,500% in just seven years, as the share price has risen from Rs 2.91 in July 2015 to the current level of Rs 278 on the NSE. Lloyds Metals & Energy, incorporated in the year 1977, is in the business of manufacturing of Sponge Iron, [...]
