BEML soars on raising Rs 150 crore through Commercial Paper

23 Sep 2020 Evaluate

BEML is currently trading at Rs. 610.60, up by 3.85 points or 0.63% from its previous closing of Rs. 606.75 on the BSE.

The scrip opened at Rs. 609.95 and has touched a high and low of Rs. 617.60 and Rs. 609.00 respectively. So far 6558 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1108.20 on 30-Oct-2019 and a 52 week low of Rs. 369.60 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 653.90 and Rs. 600.00 respectively. The current market cap of the company is Rs. 2544.69 crore.

The promoters holding in the company stood at 54.03%, while Institutions and Non-Institutions held 25.43% and 20.54% respectively.

BEML has placed the Commercial Paper (CP) of Rs 150 crore, in terms of the guidelines issued by Reserve Bank of India. Allotment date of Commercial Paper is September 22, 2020 and Maturity date will be December 23, 2020. The company issued CP in favour of State Bank of India.

BEML a leading mining and construction equipment manufacturer has designed and developed indigenously over 40 products through its R&D, and are not only working in India but also in 65 countries around the world.

BEML Share Price

3190.40 2.90 (0.09%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
BEML 3190.40
Action Const. Equip 1426.05
Sanghvi Movers 1360.00
Brady & Morris Engg 785.35
TIL 168.00
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