Lloyds Metals & Energy Ltd's Stock Shows Resilience Despite Recent Dip
Lloyds Metals & Energy Ltd's stock has been in the news for its recent decline of -3.0% on November 14, 2024. However, the company's long-term performance has been positive, with its stock trading higher than its moving averages. It has also been given a 'Buy' call on MarketsMojo, indicating its potential for growth in the steel industry.
Lloyds Metals & Energy Ltd, a leading player in the steel, sponge iron, and pig iron industry, has been making headlines recently with its stock performance. On November 14, 2024, the company's stock saw a decline of -3.0%, underperforming the sector by -2.8%. This marks the fourth consecutive day of losses for the stock, with a total fall of -7.6% in this period.
Despite this recent dip, Lloyds Metals & Energy Ltd's stock has been performing well in the long term. It is currently trading higher than its 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, it is currently lower than its 5-day and 20-day moving averages, which could be a cause for concern for short-term investors.
On MarketsMOJO, a leading stock analysis platform, Lloyds Metals & Energy Ltd's stock has been given a 'Buy' call. It has been a part of MOJO Stocks since August 27, 2024, indicating its strong potential for growth. The stock's 1-day performance is -2.94%, while the Sensex's performance is -0.26%. In the past month, the stock has seen a decline of -7.49%, while the Sensex has seen a decline of -5.47%.
Lloyds Metals & Energy Ltd's stock may have seen a recent dip, but its long-term performance and positive outlook make it a promising investment opportunity in the steel industry. With its strong presence and potential for growth, the company is definitely one to watch out for in the largecap category.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
