Subscribe To Our Free Newsletter |
Lloyds Metals and Energy likely to launch Rs 1,200 crore QIP this week
Lloyds Metals and Energy shares rallied 5% on Thursday, closing at Rs 775. The stock has gained 31% in the last six months, compared to an 11% rise in the Sensex index. In March, the board of Lloyds Metals approved raising up to Rs 5,000 crore through QIP in one or more tranches.