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Stock Of The Day: Lloyds Metals Outperforms Mid-Cap Peers Even As 100% Rally Cools Off
The iron-ore company's revenue from operations saw a 12.4% decline to Rs 1,675 crore in the quarter ended Dec. 31, 2024.
29 Jan 2025, 11:11 AM IST 
Lloyds Metals and Energy Q3 FY25 results show a 17.5% rise in net profit to Rs 389 crore, driven by higher mining revenue and improved margins. (Photo source: Company)
Lloyds Metals and Energy Ltd. has become the top-performer among mid-cap stocks even as its peers are reeling under bearish pressure since the beginning of the market correction in September last year.The iron ore producer's shares have risen 40% from Sept. 23 last year following a 105% rally in 2024. The shares, however, cooled off this year as they have fallen 10% from its peak on Jan. 10.The cool-off this year has sent the stock b...
