Morgan Stanley sold 8,96,293 shares of Lloyds Metals And Energy Limited for ₹161.52 Cr at ₹1802.10 apiece in a block deal.
A vertically integrated manufacturer engaged in sponge iron production, power generation, and mining operations across India. The company produces sponge iron for steel manufacturers while generating its own power to support operations efficiently. Lloyds Metals integrates mining, energy generation, and manufacturing activities to serve the domestic steel industry, operating through multiple facilities in key mineral-rich regions of the country.
US-based global investment bank. India FPI activity covers proprietary, market-making and client flows in listed Indian equities.
