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Lloyds Metals And Energy Gets 'Buy' Rating From ICICI Securities As It Initiates Coverage, Sees 35% Upside
The option value from Thriveni Earthmovers and Infra acquisition is an extra Rs 320/share, to be realised once the transaction is over, adds the brokerage.
14 Feb 2025, 11:16 AM IST 
ICICI Securities initiates coverage on Lloyd Metals and Energy Ltd. with Buy recommendation.
(Photo source: company website)
Through to FY27, Llyods Metals and Energy offers better growth and RoE potential compared to peers. On RoE as well, the company scores above ferrous peers under coverage. On leverage, we expect Llyods Metals to fare better than all except Shyam Metallics and NMDC.
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