Lloyds Metals to expand DRI capacity at Ghugus and Konsari plants

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

+2.1%Reaction day

₹1821.60

prior close

₹1830.90

announcement price

After-mkt

timing

Nifty Midcap 150market-0.1%+2.2% vs market

Industrial Minerals peers, median of 13sector+0.1%+2.1% vs sector

On the reaction day the stock moved 2.2 pts more than Nifty Midcap 150 and 2.1 pts more than its Industrial Minerals 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

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

+2.1-0.1+2.2+0.1+2.1

Next day

+4.0+0.5+3.5+0.4+3.7

+0.1-1.5+1.7-1.9+2.1

+0.6-1.7+2.2-1.2+1.8

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15d

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UpDownMarket · Nifty Midcap 150Sector · Industrial Minerals peers, median of 13Pending

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

AI summary

Lloyds Metals board approved DRI plant capacity expansion. Ghugus plant capacity to rise from 6.3 lakh MTPA to 8.15 lakh MTPA; Konsari from 70,000 to 92,400 MTPA, taking total DRI capacity above 9 lakh MTPA. Expansion via debottlenecking with Rs 190 Crore investment, funded through internal accruals, to be completed within 1 year. Board also approved NCD issuance up to Rs 600 Crore plus Rs 950 Crore on private placement, and ESOP allotment of 1.41 lakh shares at Rs 4 each.

Likely market impact

DRI capacity boost may lift margins; Rs 1,550 Cr NCD issuance increases debt burden