Lloyds Engineering Stock Surges 6% as Promoter Group Reportedly Sells 9% Stake via Block Deal

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Lloyds Engineering Shares Surge 6% on Promoter Group's 9% Stake Sale via Block Deal

Lloyds Engineering Shares Surge 6% on Promoter Group's 9% Stake Sale via Block Deal

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CNBC TV18•09-02-2026, 10:59

Lloyds Engineering Shares Surge 6% on Promoter Group's 9% Stake Sale via Block Deal

•Lloyds Engineering shares jumped over 6% after reports of promoter group selling 9% stake.
•Approximately 10.57 crore shares (9.1% equity) worth ₹550 crore changed hands in block deals.
•Triveni Earth Movers is the likely buyer of the 9% stake.
•Promoter Lloyds Enterprises Ltd. held 33.19% stake, with other promoter groups holding 8.02% each.
•Company reported a 69.5% increase in Q3 net profit to ₹61 crore; revenue rose 2.3% to ₹272.4 crore.

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An image of Lakshmi, the Hindu goddess of wealth and prosperity, is placed between monitors displaying share price index at a share trading market in the northern Indian city of Chandigarh August 29, 2013. Indian shares rose nearly 2 percent as blue chip shares including HDFC surged tracking a rebound in the rupee from a record low in the previous session, after the central bank's move to provide dollars directly to oil companies. REUTERS/Ajay Verma (INDIA - Tags: BUSINESS RELIGION)

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