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Lloyds Engineering: Stock jumps after signing new MoU with Poland based firm for drones for Indian defence

Lloyds Engineering Works Limited signed an MoU with Poland-based FlyFocus to introduce FPV drones for India’s defence, enhancing tactical surveillance, technology transfer, and Make in India capabilities.

Introduction

Leading engineering firm signed an MoU with Poland-based FlyFocus to deploy FPV drones for India’s defence, enhancing tactical surveillance, local manufacturing, and supporting Make in India initiatives.

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Also Read: JITF Infralogistics: Stock hits 5% upper circuit after signing agreement with Swachh Andhra Corp.

Share price movement of Lloyds Engineering

On October 14, 2025, Lloyds Engineering Works Ltd opened at ₹61.36, up 0.43% from its previous close of ₹61.10. The stock reached a high of ₹61.78 (1.12%) and a low of ₹60.62. By 10:36 AM, it traded at ₹60.78, a -0.52% decrease, with a market cap of ₹7,084.39 crore.

Lloyds Engineering Expands FPV Drone Partnership

Lloyds Engineering Works Limited signed a new MoU with Poland-based FlyFocus Sp. z o.o. to introduce advanced First Person View (FPV) drones for India’s defence and security sectors.

The FPV drones will complement the existing Defender platform, providing high-mobility, short-range surveillance capabilities for reconnaissance, urban security, training, and special operations across India.

The partnership includes technology transfer, over 50% local content, exclusive India rights for deployment, and potential export opportunities.

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

Lloyds Engineering Works Ltd delivered a -0.11% return over the past week. It gained 12.1% over the past six months and declined 13.4% over the past year.

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Also Read: NTPC Green Energy: Stock jumps after signing MoU with ENEOS Corporation

Shareholding pattern of Lloyds Engineering

ParticularsJun 2025Mar 2025Dec 2024
Promoter49.40%56.20%56.40%
FII2.10%2.70%2.90%
DII0.20%0.20%0.20%
Public48.30%40.70%40.60%

About Lloyds Engineering

Lloyds Engineering Works Ltd (NSE: LLOYDSENGG), established in 1974, designs, manufactures, and commissions heavy equipment and systems for hydrocarbon, oil & gas, steel, power, nuclear plants, and turnkey industrial projects across 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 introduce FPV drones for India’s defence sector.

Q: What does Lloyds Engineering Works Ltd specialize in?

A: Lloyds Engineering Works Ltd specializes in designing, manufacturing, and commissioning heavy equipment for hydrocarbon, steel, power, nuclear plants, and turnkey projects.

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

A: The market capitalization of Lloyds Engineering Works Ltd is ₹7,084.39 crore as of October 14, 2025.

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