Lloyds Engineering Works to Issue Shares on Preferential Basis

Fund Raising View source PDF Explain this filing

LLOYDSENGG · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-5.1%Reaction day

₹88.23

prior close

₹84.37

announcement price

In-mkt

timing

Nifty Microcap 250market+0.5%-5.6% vs market

Industrial Products peers, median of 130sector+0.2%-5.3% vs sector

On the reaction day the stock moved 5.6 pts less than Nifty Microcap 250 and 5.3 pts less than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.0

10m

+1.2

15m

+1.2

30m

-0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-5.1+0.5-5.6+0.2-5.3

Next day

-1.4+1.3-2.7+0.0-1.4

+2.7+2.1+0.5+1.3+1.4

-0.5+1.4-1.9+0.9-1.4

-2.3+1.3-3.6+1.2-3.5

-3.8+0.7-4.5+0.1-3.9

-1.8+1.5-3.3+0.2-2.0

15d

+2.6+2.9-0.3+2.2+0.4

+3.5+1.7+1.8+0.9+2.6

+6.5+6.1+0.5-0.3+6.8

-6.5+6.5-12.9+4.1-10.6

UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 130Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Lloyds Engineering Works has informed the stock exchange about a proposed preferential issue of shares. In a preferential allotment, shares are issued to select investors at a price fixed by the company, rather than through a public offer. The filing confirms the company's intent but does not disclose the issue size, price, or the names of the allottees in this headline.

Likely market impact

Preferential issues raise capital but dilute existing shareholders. Impact on stock depends on issue price and the identity of incoming investors.