Shares of Lloyds Metals and Energy have witnessed significant growth in the last decade, offering massive returns to investors. Over the course of 10 years, the stock price has risen by a staggering 4400%. For instance, if an investor had put Rs 10,000 in the stock 10 years ago, their investment would have multiplied to Rs 4.4 lakh. Looking specifically at the last 3 years, the stock has surged by 5100%, and in the last five years, it provided returns of 1,860%. Lloyds Metals and Energy, a BSE500 company with a market capitalization of about Rs 28,944 crore, is primarily engaged in the manufacturing of sponge iron. The company also operates a cogeneration waste heat recovery plant to utilize heat from its kilns. The latest shareholding pattern reveals that promoters hold a majority stake at 65.75%, while the remaining 34.25% lies with public shareholders. Among the public shareholders, mutual funds and foreign investors do not have any stake, whereas retail investors collectively hold 5.68% in the company. Lloyds Metal has recently conducted fresh geological surveys, which indicate significant reserves of iron ore. The initial estimates of 90 million tonnes have been revised to a range of 180 million tonnes, with an additional 550 million tonnes of BHQ (Banded Hematite Quartz). In terms of financial performance, Lloyds reported a significant increase in total revenues for the first quarter of this year, reaching Rs 1,965 crore, more than double the figure for the same period last year. The company’s profits after tax stood at Rs 403 crore. From a technical perspective, analysts suggest that the stock is currently outperforming the benchmark indices, making it an attractive option for investors seeking gains. The momentum indicator, MACD, is positively poised, indicating that the upside momentum is likely to continue. Traders are advised to buy the stock at the current market price of CMP, with a stop loss at Rs 537 and a target price of Rs 618 – 647. However, it should be noted that the stock may face strong resistance near Rs 600 levels and has a strong support level at Rs 525. Retail investors are also urged to keep in mind that the recommendations and suggestions provided by experts are their own and may not necessarily reflect the views of Economic Times. For individuals wanting to track the movement of Sensex and Nifty, the latest market news, stock tips, and expert advice, they can refer to ETMarkets. Additionally, readers can subscribe to ETMarkets.com on Telegram for the fastest news alerts on financial markets, investment strategies, and stock alerts. To keep up to date with daily market updates and live business news, individuals can download The Economic Times News App. The article also provides information on the top trending stocks, including Sensex Today Live, SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, and NTPC Share Price.