News for Lloyds Steels Industries Limited (LSIL.NS)

Lloyds Engineering Works Limited announces key decisions including vehicle loan approval, Executive Committee formation, and corporate governance updates.

"The technology tie-up with BARC will assist the company on a long-term basis as it helps in diversification of the order book,” Lloyds Steels said.

Bombay Dyeing & Mfg Co. to sell 22 acres of land in Worli, Mumbai to Goisu Realty for ₹5,200 cr. IRCTC & MSRTC sign MoU for online bus booking. Adani Ent. arm gets key int'l certification for 5.2 MW WTGs. Aditya Birla Capital launches payment lounge. NBCC India gets ₹180 cr order from SAIL. Wipro launches Cyber Defense Center in Germany. AA Plus Trade Link gets ₹5.1 cr export order. Apoorva Leasing gets RERA registration for Atulyam project. KPI Green Energy commissions 7.8 MW wind-solar hybrid power project. Advait Infratech signs MoU with Goufu Hydrogen. Spencer's to close 10 loss-making stores in TN. Cummins India unveils CPCBIV+ compliant genset range. Bajaj Healthcare gets EIR from USFDA. Lloyds Engg. Works ties up with BARC for tech transfer. Venus Remedies gets DSIR registration. Vinati Organics subscribes to Veeral Organics' rights issue.

Lloyds Engineering share price: On the technical front, analysts largely said that the counter looked 'overbought'. Bourses BSE and NSE have put the securities of Lloyds Engineering under the long-term ASM (Additional Surveillance Measure) framework. Exchanges put stocks in short-term or long-term ASM frameworks to caution investors about high volatility in share prices.

Lloyds Steels share price: The multibagger counter has gained 109.48 per cent in the last six months and 159.77 per cent on a year-to-date (YTD) basis. The company has recently changed its name from Lloyds Steels to Llyods Engineering Works Ltd. It is scheduled to declare its June 2023 quarter results on August 7

Lloyds Steels share price: On the technical front, support on the counter could be seen around Rs 39 level. Bourses BSE and NSE have put the securities of Lloyds Steels under the long-term ASM (Additional Surveillance Measure) framework. Exchanges put stocks in short-term or long-term ASM frameworks to caution investors about high volatility in share prices.

The 30-share BSE Sensex pack surged more than 350 points to trade above 65,900, while the broader NSE Nifty moved nearly 100 points higher to cross 19,500 level. Mid- and small-cap shares were positive as Nifty Midcap 100 moved 0.61 per cent higher and small-cap climbed 0.86 per cent.

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BSE Sensex added 74.61 points, or 0.12 per cent, to close at 60,130.71, while NSE's Nifty50 gained 25.85 points, or 0.15 per cent, to settle at 17,769.25 for the day.

Sensex, Nifty trade setup: Yes Bank, Vodafone Idea, Infibeam Avenues, IDFC First Bank, Suzlon, PNB, IRFC, HCC, SAIL and Lloyds Steels Industries were the most active stocks on NSE, in terms of volume.

SBI LIfe, TMB, Tata Chem, Dabur, Zee Entertainment, Tata Steel, Tata Power, CSB Bank, Hero MotoCorp, REC, Zydus Life, Aditya BIrla MF, PC Jeweller, Anupam Rasayan, V-Guard

The Nifty remains in a short-term uptrend. For the uptrend to continue, the index has to hold above the immediate supports of 17,607-17,503

A total of 550 stocks hit 52-week high on BSE by noon, while three scrips touched fresh lows. Meanwhile, 194 stocks hit 52-week highs on NSE, and five scrips were at fresh lows.

52-week highs, 52-week lows: A total of 527 stocks hit 52-week high on BSE by 11:30 am, while six scrips including Paytm touched fresh lows.

These penny stocks delivered multibagger returns of up to 30 times since last Diwali.

BSE Sensex and Nifty 50 were trading at day's lows on Thursday, as sell-off intensified on D-Street on F&O expiry day.

Trends on SGX Nifty indicate a positive opening for the index in India against October 14 close of 18,355.

Stocks In the News: Check out the companies making the biggest headlines before the opening bell.