Bengaluru, Oct. 14 -- An engineering stock came into focus following news of a new defence technology partnership. The agreement focuses on expanding India's UAV capabilities, covering both long-range surveillance and agile, short-range tactical drone systems. The collaboration ensures over 50 percent localisation and aligns with Make in India initiatives.

Lloyds Engineering Works Limited, with a market capitalization of Rs. 7,000.47 crore, opened at Rs. 61.36, touched a high of Rs. 61.78, and previously closed at Rs. 61.10, marking an increase of approximately 1.12 percent.

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Lloyds Engineering Works Limited has signed a Memorandum of Understanding with Poland-based FlyFocus Sp. z o.o. to jointly develop advanced First ...