** Shares of Lloyds Engineering Works NSE:LLOYDSENGG rise as much as 4.5% to 58.78 rupees
** Indian heavy equipment manufacturer announced absorption of three group entities into itself on Monday
** Stock down 16.9% YTD
India's Lloyds Engineering rises after absorption of group entities
Earlier from Lloyds Engineering Works
- Lloyds Engineering clears consolidation of infrastructure and fabrication arms
- Lloyds Engineering Works Buys Remaining 12% Stake In Techno Industries For 227 Million Rupees
- Lloyds Engineering Works Partners With Flyfocus For Advanced Drones