Rs 1,278.13 Crore Order Book: This Multibagger Penny Stock Secures Cricket Museum Project At Wankhede Stadium Worth Rs 15.39 Crore
The stock price gave multibagger returns of 339 per cent in 3 years and a whopping 17,500 per cent in 5 years.
Lloyds Engineering Works Limited, formerly known as Lloyds Steels Industries Limited, has announced that it has secured a significant order from the Mumbai Cricket Association. The order pertains to setting up the Cricket Museum Project at the iconic Wankhede Stadium, located in Mumbai. The official announcement was dated today, the 19th of May, 2025. The latest available share price for Lloyds Engineering Works Limited is Rs 52.20 on the National Stock Exchange as of May 16th, 2025.
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he intraday performance on that day showed a decrease of Rs 1.53 or 2.85 per cent compared to the previous close. Looking at returns, the stock has shown a 1-week return of 1.37 per cent, a 1-month return of -1.54 per cent, and a 1-year return of -4.81 per cent.
Lloyds Engineering Works Limited, established in 1974, is primarily engaged in the design, engineering, manufacturing, fabrication, supply, erection, and commissioning of heavy equipment, machinery, and systems. Their offerings cater to various sectors including HydroCarbon, Oil & Gas, Steel Plants, Power Plants, and Nuclear Plant Boilers. The company also undertakes turnkey projects. Their manufacturing facilities are approved by several authorities, and are located in Murbad, Thane, with the corporate headquarters situated in Mumbai.
The company provides engineering and manufacturing solutions for industries like HydroCarbon, Oil & Gas, Power, and Steel. In Quarterly Results Q3FY25, Lloyds Engineering reported a 14.04 per cent growth in revenue and a 32.48 per cent increase in operating profit year-on-year. The net profit rose by 24.37 per cent, aided by project execution efficiency and scale advantages.
The company’s order book stood at Rs 1,278.13 crore as of December 31, 2024, reflecting strong business momentum.
In FY24, the company posted a revenue of Rs 624.24 crore, reflecting a growth of 99.69 per cent compared to Rs 312.61 crore in FY23. The net profit stood at Rs 79.84 crore, marking a growth of 116.84 per cent from Rs 36.82 crore in FY23.
The stock price gave multibagger returns of 339 per cent in 3 years and a whopping 17,500 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.