Latest news with #LloydsEngineering
Mint
2 days ago
- Business
- Mint
Stocks to buy under ₹100: Experts recommend five shares to buy today — 27 June 2025
Stocks to buy under ₹ 100: The Indian stock market extended its rally for the third straight session and finished higher on Thursday. The Nifty 50 index gained 304 points and closed at 25,549, the BSE Sensex shot up 1,000 points and closed at 83,755, while the Bank Nifty index went up 585 points and closed at 57,206. Sectorally, private banks, oil & gas, and metal counters witnessed strong traction, advancing 1–2%, while profit-taking was evident in realty and media pockets, which ended lower by around 1% each. The BSE Midcap index outperformed with a gain of 0.5%, while the Smallcap closed on a muted note, essentially unchanged amid stock-specific churn. The June F&O series concluded positively, extending the winning streak to four straight expiries and underscoring a sustained bullish undertone in the broader market. Bank stocks saw strong buying, lifting the Nifty Bank index to a new all-time high of 57,263.45. The rally in the Nifty Bank Index was mainly driven by heavy buying in private sector banks. Speaking on the outlook of the Nifty 50 today, Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, said, "The Nifty 50 index, after one and a half months gripped between a tight range, has indicated a clear breakout with a bullish candle formation above the tough resistance hurdle of 25300 zone strengthening the trend and further rise is expected in the coming days. The index would have the near-term support elevated now to the 25250-25300 zone and on the upside with bias and sentiment improving, can expect targets of 25700 and 26200 levels in the coming days." "The Bank Nifty index has indicated a strong closing with a bullish candle pattern to breach above the previous peak zone at 57050 level and has entered new territory with bias improved significantly, expecting a further upward move in the coming days. The index would have the important support near the 56000 zone, which needs to be sustained, and, on the upside, can expect fresh higher targets of 58500 and 60000 levels in the coming days," said Shiju Kuthupalakkal of Prabhudas Lilladher. Regarding stocks to buy today, market experts — Sumeet Bagadia, Executive Director at Choice Broking; Mahesh M Ojha, AVP — Research at Hensex Securities; and Sugandha Sachdeva, Founder of SS WealthStreet — recommended five intraday stocks for today under ₹ 100: Lloyds Engineering, Umiya Buildcon, BL Kashyap, Snowman Logistics, and Bank of Maharashtra. 1] Lloyds Engineering: Buy at ₹ 62, Target ₹ 70, Stop Loss ₹ 59; and 2] Umiya Buildcon: Buy at ₹ 76.80, Target ₹ 82.17, Stop Loss ₹ 74.11. 3] BL Kashyap: Buy at ₹ 65.50 to ₹ 66.50, Targets ₹ 68, ₹ 70, ₹ 74, ₹ 76, Stop Loss ₹ 64; and 4] Snowman Logistics: Buy at ₹ 61 to ₹ 61.75, Targets ₹ 63.80, ₹ 65, ₹ 67, ₹ 70, Stop Loss ₹ 58.80. 5] Bank of Maharashtra: Buy at ₹ 53.70, Targets ₹ 56, ₹ 58, Stop Loss ₹ 52.50.
Mint
2 days ago
- Business
- Mint
Stocks to buy under ₹100: Experts recommend five shares to buy today — 27 June 2025
Stocks to buy under ₹ 100: The Indian stock market extended its rally for the third straight session and finished higher on Thursday. The Nifty 50 index gained 304 points and closed at 25,549, the BSE Sensex shot up 1,000 points and closed at 83,755, while the Bank Nifty index went up 585 points and closed at 57,206. Sectorally, private banks, oil & gas, and metal counters witnessed strong traction, advancing 1–2%, while profit-taking was evident in realty and media pockets, which ended lower by around 1% each. The BSE Midcap index outperformed with a gain of 0.5%, while the Smallcap closed on a muted note, essentially unchanged amid stock-specific churn. The June F&O series concluded positively, extending the winning streak to four straight expiries and underscoring a sustained bullish undertone in the broader market. Bank stocks saw strong buying, lifting the Nifty Bank index to a new all-time high of 57,263.45. The rally in the Nifty Bank Index was mainly driven by heavy buying in private sector banks. Speaking on the outlook of the Nifty 50 today, Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, said, "The Nifty 50 index, after one and a half months gripped between a tight range, has indicated a clear breakout with a bullish candle formation above the tough resistance hurdle of 25300 zone strengthening the trend and further rise is expected in the coming days. The index would have the near-term support elevated now to the 25250-25300 zone and on the upside with bias and sentiment improving, can expect targets of 25700 and 26200 levels in the coming days." "The Bank Nifty index has indicated a strong closing with a bullish candle pattern to breach above the previous peak zone at 57050 level and has entered new territory with bias improved significantly, expecting a further upward move in the coming days. The index would have the important support near the 56000 zone, which needs to be sustained, and, on the upside, can expect fresh higher targets of 58500 and 60000 levels in the coming days," said Shiju Kuthupalakkal of Prabhudas Lilladher. Regarding stocks to buy today, market experts — Sumeet Bagadia, Executive Director at Choice Broking; Mahesh M Ojha, AVP — Research at Hensex Securities; and Sugandha Sachdeva, Founder of SS WealthStreet — recommended five intraday stocks for today under ₹ 100: Lloyds Engineering, Umiya Buildcon, BL Kashyap, Snowman Logistics, and Bank of Maharashtra. 1] Lloyds Engineering: Buy at ₹ 62, Target ₹ 70, Stop Loss ₹ 59; and 2] Umiya Buildcon: Buy at ₹ 76.80, Target ₹ 82.17, Stop Loss ₹ 74.11. 3] BL Kashyap: Buy at ₹ 65.50 to ₹ 66.50, Targets ₹ 68, ₹ 70, ₹ 74, ₹ 76, Stop Loss ₹ 64; and 4] Snowman Logistics: Buy at ₹ 61 to ₹ 61.75, Targets ₹ 63.80, ₹ 65, ₹ 67, ₹ 70, Stop Loss ₹ 58.80. 5] Bank of Maharashtra: Buy at ₹ 53.70, Targets ₹ 56, ₹ 58, Stop Loss ₹ 52.50. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
3 days ago
- Business
- Mint
Buy or sell: Vaishali Parekh recommends three stocks to buy today — 27 June 2025
Buy or sell stocks: The Indian stock market extended its rally for the third straight session and finished higher on Thursday. The Nifty 50 index gained 304 points and closed at 25,549, the BSE Sensex shot up 1,000 points and closed at 83,755, while the Bank Nifty index went up 585 points and closed at 57,206. Sectorally, private banks, oil & gas, and metal counters witnessed strong traction, advancing 1–2%, while profit-taking was evident in realty and media pockets, which ended lower by around 1% each. The BSE Midcap index outperformed with a gain of 0.5%, while the Smallcap closed on a muted note, essentially unchanged amid stock-specific churn. The June F&O series concluded positively, extending the winning streak to four straight expiries and underscoring a sustained bullish undertone in the broader market. Bank stocks saw strong buying, lifting the Nifty Bank index to a new all-time high of 57,263.45. The rally in the Nifty Bank Index was mainly driven by heavy buying in private sector banks. Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, believes the Indian stock market bias has turned positive as the Nifty 50 index finally broke above the hurdle at 25,250 to 25,300 levels. The key benchmark index is now heading towards 25,700, and the new support for the 50-stock index is placed at 25,300 to 25,250. Speaking on the outlook of the Nifty 50 today, Vaishali Parekh said, "The Nifty 50 index, after one and a half months gripped between a tight range, has indicated a clear breakout with a bullish candle formation above the tough resistance hurdle of 25300 zone strengthening the trend and further rise is expected in the coming days. The index would have the near-term support elevated now to the 25250-25300 zone and on the upside with bias and sentiment improving, can expect targets of 25700 and 26200 levels in the coming days." "The Bank Nifty index has indicated a strong closing with a bullish candle pattern to breach above the previous peak zone at 57050 level and has entered new territory with bias improved significantly, expecting a further upward move in the coming days. The index would have the important support near the 56000 zone, which needs to be sustained, and, on the upside, can expect fresh higher targets of 58500 and 60000 levels in the coming days," said Parekh. Parekh said that today, the Nifty's support is at 25,400, while the resistance is at 25,700. The Bank Nifty will have a daily range of 56,700 to 57,800. Regarding stocks to buy today, Vaishali Parekh recommended buying these three buy-or-sell stocks: Lloyds Engineering, Vedanta, Mahindra and Mahindra Financial Services. 1] Lloyds Engineering: Buy at ₹ 62, Target ₹ 70, Stop Loss ₹ 59; 2] Vedanta: Buy at ₹ 453, Target ₹ 480, Stop Loss ₹ 440; and 3] Mahindra and Mahindra Financial Services: Buy at ₹ 269, Target ₹ 285, Stop Loss ₹ 260. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Business Standard
23-05-2025
- Business
- Business Standard
Lloyds Engineering surges after bagging naval equipment supply contract from Cochin Shipyard
Lloyds Engineering Works jumped 4.25% to Rs 50.30 after the company announced that it has received an order from Cochin Shipyard for the supply of 'fin stabilizer systems' for next generation missile vessel. The aforementioned order is valued at Rs 20.67 crore. "The aforesaid order in respect to Next Generation Missile Vessel, signify the company's proactive stance in capturing the increasing demand resulting from the government's heightened defence spending, Lloyds Engineering said in a statement. During the past 14 months, company has received orders for more than Rs 130 crore in defence sector, it added. Shreekrishna Gupta, whole-time director at Lloyds Engineering Works, said: "These prestigious orders are a testament to our consistent performance and engineering expertise. In addition to providing strong financial value, these contracts introduce new clients to our portfolio, opening pathways for future collaborations and sustained revenue streams." Lloyds Engineering Works (LEWL) provides a complete engineering and infrastructure solutions package by carrying out design, engineering, manufacturing, fabrication, and installation. Its products cover various categories in heavy equipment, machinery and systems for the carbon sector, oil and gas, steel plant equipments, power plants, nuclear plant boilers and turnkey projects. The company had reported 20.14% drop in standalone net profit to Rs 16.88 crore on a 5.01% fall in revenue to Rs 178.49 crore in Q4 FY25 over Q4 FY24.
Business Standard
22-05-2025
- Business
- Business Standard
Lloyds Engineering receives order of Rs 20.67 cr from Cochin Shipyard
Lloyds Engineering Works announced the receipt of order for naval equipment from Cochin Shipyard. The order, valued at Rs 20.67 crore, encompass Fin stabilizer systems. The aforesaid order in respect to Next Generation Missile Vessel, signify the company's proactive stance in capturing the increasing demand resulting from the government's heightened defence spending. As new ship orders continue to rise, the order received by Lloyds Engineering serve as a promising beginning in leveraging the opportunities presented by this trend. During the past 14 months, Company has received orders for more than Rs 130 crore in defence sector. These orders underscore Lloyds Engineering's unwavering commitment to innovation and excellence in the defence sector. They not only signify a substantial revenue boost but also represent the company's strategic shift towards emerging sectors, aligning perfectly with its vision for the future.
