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BEML jumps on bagging order worth over Rs 500 crore

05 Dec 2012 Evaluate

BEML is currently trading at Rs. 307.20, up by 15.05 points or 5.15% from its previous closing of Rs. 292.15 on the BSE.

The scrip opened at Rs. 300.00 and has touched a high and low of Rs. 310.20 and Rs. 298.00 respectively. So far 42,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 702.15 on 16-Mar-2012 and a 52 week low of Rs. 270.00 on 28-Aug-2012.

Last one week high and low of the scrip stood at Rs. 310.20 and Rs. 273.50 respectively. The current market cap of the company is Rs. 1,279.00 crore.

The promoters holding in the company stood at 54.03%, while Institutions and Non-Institutions held 29.61% and 16.36% respectively.

BEML, a premier Public Sector Company under the Ministry of Defence has recently bagged a prestigious order from The Kingdom of Saudi Arabia for the supply of Dumpers and Excavators for its Mining segment. The order value is around Rs 73 crore and is for the supply of 22 Nos 60 Ton Dumpers and 8 Nos 100 Ton Dumpers. BEML has bagged this order amidst stiff competition from various other global players. The total consignment has recently been shipped from Chennai Port to Jeddah Port.

In addition to the above, BEML, in respect of its Rail & Metro business segment, has bagged new Orders from Indian Railways for the supply of 600 Railcoaches, 72 nos., of AC EMU (Alternating Current Electrical Multiple Unit) and 64 nos. of MEMU (Mainline Electrical Multiple Unit) valuing over Rs.450 crore.

The Company is engaged in the manufacture of Defence Products, Mining & Construction Equipment, Rail Coaches and Metro Cars, etc.

BEML Share Price

1771.10 30.95 (1.78%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
BEML 1771.10
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Sanghvi Movers 304.25
TIL 206.55
Brady & Morris Engg 828.40
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