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Equirus Securities Sees 65% UPSIDE in Lloyds Metals and Energy LTD by scpotterx is a document available to read on EtoBox.
Lloyds Metals And Energy Ltd has acquired a 49% stake in Virtus Lloyds Minerals Holding for US$ 30 million, enhancing its access to critical minerals like copper and cobalt in the DRC. The acquisition is part of a strategic move to capitalize on the growing demand for energy transition metals and is expected to scale production significantly. The company maintains a LONG rating with a target price of Rs 2,100, reflecting a 65% upside potential.
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