Lloyds Metals & Energy jumps on commissioning second Pellet Plant at Konsari in record time
With this commissioning, the company now operates two pellet plants at Konsari with a combined own capacity of 8 MTPA
Lloyds Metals & Energy is currently trading at Rs. 1789.75, up by 25.20 points or 1.43% from its previous closing of Rs. 1764.55 on the BSE.
The scrip opened at Rs. 1780.00 and has touched a high and low of Rs. 1796.95 and Rs. 1771.00 respectively. So far 15038 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1,796.95 on 04-May-2026 and a 52 week low of Rs. 1044.00 on 02-Feb-2026.
Last one week high and low of the scrip stood at Rs. 1,796.95 and Rs. 1,289.15 respectively. The current market cap of the company is Rs. 97,619.89 crore.
The promoters holding in the company stood at 61.64%, while Institutions and Non-Institutions held 3.96% and 34.39% respectively.
Lloyds Metals & Energy (LMEL) has commissioned its second pellet plant of 4 million tonnes per annum (MTPA) capacity at Konsari, Maharashtra--completed in a remarkable record time of 16 months from the date of commencement of construction. This milestone reaffirms the company's ability to execute world-class industrial projects with speed, precision, and an unwavering commitment to operational excellence--consistent with its track record of delivering the first pellet plant and the 85-kilometre iron ore slurry pipeline at the same site in June 2025.
With this commissioning, the company now operates two pellet plants at Konsari with a combined own capacity of 8 MTPA, without accounting for the company’s strategic investments in (MRPPL) and (BRPL). The existing pellet plant of 4 MTPA has reached 100% capacity utilisation. The pellet plant draws its feedstock directly from the company’s captive, low-alumina iron ore mines at Surjagarh, Gadchiroli, seamlessly transported via the 85-kilometre iron ore slurry pipeline commissioned in June 2025. The low alumina content of LMEL’s captive ore enables the production of premium-grade pellets that command a pricing premium in domestic and export markets.
This commissioning is a strategic cornerstone in LMEL’s journey to build an integrated, end-to-end steel value chain. The company remains deeply committed to responsible and efficient growth, leveraging its geological advantage, its execution capabilities, and its long-term vision to build an asset base that is resilient, cost-competitive, and fully aligned with India’s expanding steel demand.
Lloyds Metals & Energy is into the business of manufacturing of sponge iron, power generation and mining activities.

