Lloyds Engineering Works Shows Reversal Amid Ongoing Long-Term Downtrend in Steel Sector

Feb 19 2025 10:05 AM IST
share
Share Via
Lloyds Engineering Works experienced notable activity on February 19, 2025, with a significant gain after three days of decline. Despite today's performance, the stock remains below key moving averages and has seen a decline over the past month, contrasting with broader market trends.
Lloyds Engineering Works has shown significant activity today, with a notable gain of 5.77% on February 19, 2025. This midcap player in the Steel/Sponge Iron/Pig Iron industry has outperformed its sector by 4.61%, marking a trend reversal after three consecutive days of decline. The stock reached an intraday high of Rs 65.17, reflecting a 5.4% increase, while it dipped to a low of Rs 60.53 earlier in the trading session.

Despite today's positive performance, Lloyds Engineering Works is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a longer-term downward trend. Over the past month, the stock has experienced a decline of 21.72%, contrasting with the Sensex's modest drop of 0.69%.

As the market continues to react to various factors, Lloyds Engineering Works remains a focal point for those monitoring developments in the steel sector.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News