Introduction:
A stock has secured an order for supplying valve skids with interconnecting piping from a domestic engineering firm. Valued at ₹25.95 crores, the contract is set for completion in 14 months, with no related party transactions involved, ensuring transparency.
Share Price movement of Loyal Equipments:
On February 17, 2025, Loyal Equipments Ltd opened at ₹223.90, reaching a high of ₹223.90, up 5.58% from its previous close of ₹212.05 and a low of ₹208.00. Currently, it is trading at ₹210.00, with a market cap of ₹226.59 crore.
Loyal Equipments received order ₹25.95 Cr:
Loyal Equipments Limited has announced receiving an order from Linde Engineering India Pvt Ltd for the supply of valve skids with interconnecting piping. The order is valued at ₹25.95 crores, including GST, and is set to be completed within 14 months.
This order is a domestic contract, and there are no related party transactions involved. The company has confirmed that there is no involvement of promoter or promoter group interests with the awarding entity, ensuring transparency in the transaction.
The company has complied with SEBI’s Listing Obligations and Disclosure Requirements and provided the necessary information in accordance with the regulations. Loyal Equipments Limited expects this order to contribute positively to its operations over the next 14 months.
Recent news About Loyal Equipments :
Loyal Equipments Limited has been recognized with the “IPF Industrial Excellence Award” for “Fastest Growing Company” in the Engineering category at the Bombay Stock Exchange (BSE), outshining over 1,000 nominees.
Ace investor holding of Loyal Equipments:
Mahendra Girhdarilal Wadhwani holds a 1.96% stake in Loyal Equipments Ltd., with 199,780 shares valued at ₹4.2 crore. His investment reflects strong confidence in the company’s potential. There has been no significant change in his holding value from the previous quarter.
Naresh Saraaf holds a 1.40% stake in Loyal Equipments Ltd., with 1,42,452 shares valued at ₹3.0 crore. His holding has seen a slight decrease of 0.04% from the previous quarter, reflecting stability in his investment portfolio.
Stock performance of Loyal Equipments for Period of 1 week and 6 months:
Loyal Equipments stock experienced a decline of 2.68% over the past week. In the last six months, the stock dropped by 32.2%, reflecting ongoing challenges. The company has faced pressure over the longer term, with continued market fluctuations affecting its performance.
Also Read: Defence stock jumps after it launches mobile gun system mounted on 4×4 all-terrain platform
Shareholding pattern of Loyal Equipments:
| Summary | Dec-24 | Sep-24 | Jun-24 |
| Promoter | 73.50% | 73.50% | 73.50% |
| FII | 0% | 0% | 0% |
| DII | 0% | 0% | 0% |
| Public | 26.50% | 26.50% | 26.50% |
About Loyal Equipments:
Loyal Equipments Ltd. specializes in manufacturing and supplying mechanical and electrical equipment for industrial applications. The company offers a range of products, including valves and valve skids, catering to various sectors such as engineering and infrastructure, with a focus on quality and innovation.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
