BEML is currently trading at Rs 624.00, up by 3.15 points or 0.51% from its previous closing of Rs 620.85 on the BSE.
The scrip opened at Rs 624.60 and has touched a high and low of Rs 630.10 and Rs 615.10 respectively. So far 7738 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 771.00 on 07-Apr-2011 and a 52 week low of Rs 413.00 on 19-Aug-2011.
Last one week high and low of the scrip stood at Rs 679.90 and Rs 591.00 respectively. The current market cap of the company is Rs 2585.50 crore.
The promoters holding in the company stood at 54.03% while Institutions and Non-Institutions held 35.41% and 10.56% respectively.
BEML, the premier public sector company is in process to set up aerospace manufacturing division at SEZ Park near Bangalore International Airport in Devanahalli. BEML is the first company to set up Aerospace facility at SEZ area. This infrastructure facility shall be ready by September 2012.
This aerospace facility will be competent of developing aerospace components and parts, assembling of aircraft and helicopter up to 21 metres height. The facility is spread over 3,00,000 Sq ft and the company has invested Rs 455 crore into this project.
The company has already setup Aerospace Manufacturing Division at Mysore and certified to design aircraft, helicopter and engine parts. Currently, the division is manufacturing Ground Support equipment/Ground Handling equipment like Aircraft Towing Tractor, Crash Fire Tender, Weapon Loader, Jigs & Fixtures, Sub Assembly/components for SU 30 Aircraft.
Following the opening of new facility at Bangalore, Mysore Aerospace Division will be dedicated towards manufacturing of ground support and handling equipments only, whereas the manufacturing of aerospace and related parts will be moved to Bangalore factory.
| Company Name | CMP |
|---|---|
| BEML | 4028.20 |
| Action Const. Equip | 1450.00 |
| Sanghvi Movers | 1120.00 |
| Brady & Morris Engg | 1232.90 |
| TIL | 253.60 |
| View more.. | |
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