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Lloyds Engineering: Stock jumps after signing MoU with FlyFocus for drones

Lloyds Engineering Works Limited partners with FlyFocus to develop and produce the Defender SIGINT UAV in India, ensuring localisation, technology transfer, and strategic defence applications under Make in India.

Introduction

Leading engineering firm partners with European UAV specialist to develop and manufacture the Defender SIGINT drone in India, ensuring full localisation, technology transfer, and support for defence applications under the Make in India initiative.

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Share price movement of Lloyds Engineering

On October 10, 2025, Lloyds Engineering Works Ltd opened at ₹64.19, up 3.5% from its previous close of ₹61.97. The stock reached a high of ₹64.19 and a low of ₹62.51. By 1:22 PM, it traded at ₹62.56, a 0.95% increase, with a market cap of ₹7,291.86 crore.

Lloyds Engineering Signs MoU for Defender UAV

Lloyds Engineering Works Limited has signed an MoU with FlyFocus Sp. z o.o., Warsaw, to jointly develop the Defender SIGINT UAV for signals intelligence and electronic surveillance in India.

The collaboration ensures complete localisation, technology transfer, and indigenous production of the Defender UAV under the Make in India framework, providing exclusive deployment rights within India for defence applications.

The UAV will support border monitoring, airbase security, VIP protection, and strategic reconnaissance. The partnership also enables technology transfer, local production, and potential exports, strengthening India’s defence and aerospace sector.

Recent news on Lloyds Engineering

As of September 16, 2025, Lloyds Engineering Works Ltd partnered with CEMI Process Optimisation Brazil and CEMI Process Optimisation LLC to promote and sell advanced process optimisation solutions in India.

Stock performance of Lloyds Engineering for Period of 1 week, 6 months, and 1 year

Lloyds Engineering Works Ltd delivered a 0.29% return over the past week. The stock gained 18.4% in the past six months but declined 12.3% over the past year.

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Shareholding pattern of Lloyds Engineering

ParticularsJun 2025Mar 2025Dec 2024
Promoter49.40%56.20%56.40%
FII2.20%2.70%2.90%
DII0.20%0.20%0.20%
Public48.20%40.70%40.60%

About Lloyds Engineering

Lloyds Engineering Works Ltd (NSE: LLOYDSENGG), incorporated in 1994, provides customised process plant equipment and turnkey engineering solutions across mining, steel, oil & gas, thermal, nuclear, marine, and hydrocarbon sectors in India.

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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.

FAQs

Q: Why is Lloyds Engineering Works Ltd share price going up today?

A: Lloyds Engineering Works Ltd share price rose after signing an MoU with FlyFocus to develop the Defender SIGINT UAV for India.

Q: What does Lloyds Engineering Works Ltd specialize in?

A: Lloyds Engineering Works Ltd specializes in customised process plant equipment, turnkey engineering solutions, and infrastructure services across multiple industrial and energy sectors.

Q: What is the market capitalization of Lloyds Engineering Works Ltd?

A: The market capitalization of Lloyds Engineering Works Ltd is ₹7,291.86 crore, reflecting its current equity valuation on the stock market.

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