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Lloyds Steel an outperformer: Nirmal Bang

Nirmal Bang has maintained an outperformer rating on Lloyds Steel with a target of Rs 22.50 in its research report.

July 05, 2011 / 14:46 IST
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Nirmal Bang has maintained an outperformer rating on Lloyds Steel with a target of Rs 22.50 in its research report.

Investment Rationale:
Significant improvement in Balance Sheet:
The Balance Sheet of the company has improved significantly with debt reducing from Rs.1165.9 crore in FY
first published: Jul 5, 2011 02:32 pm

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