Mumbai, December 5 (Udaipur Kiran): Shares of Lloyds Engineering Works Ltd surged on Friday after the company entered into an agreement with Virtualabs S.r.l., Italy. The stock was trading at Rs 53.27 on the BSE, up by 3.12 points or 6.22 per cent from its previous close of Rs 50.15.
The scrip opened at Rs 53.06 and touched an intraday high of Rs 54.34 and a low of Rs 51.56. A total of 34,87,570 shares were traded on the counter during the session.
The BSE Group ‘A’ stock, with a face value of Rs 1, had touched a 52-week high of Rs 84.26 on July 10, 2025, and a 52-week low of Rs 42.66 on April 7, 2025. Over the last one week, the stock moved between a high of Rs 54.34 and a low of Rs 50.01. The company’s current market capitalisation stands at Rs 7,860.08 crore.
Promoter holding in Lloyds Engineering Works stands at 49.23 per cent, while institutional and non-institutional investors hold 2.32 per cent and 48.45 per cent, respectively.
Lloyds Engineering Works has entered into an agreement with Virtualabs S.r.l., Italy, on December 4, 2025, for the development of radar technology for defence and civil applications.
Earlier, the company had entered into two contract agreements with Kliver Polska Sp. z o.o., Poland.
Lloyds Engineering Works, formerly known as Lloyds Steels Industries, is a designer and manufacturer of heavy equipment, machinery and systems for the hydrocarbon sector, oil and gas, steel plants, power plants, nuclear plant boilers and turnkey projects.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
