SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

BMW Industries inches up on inaugurating Tube Mill facility at Kolkata

17 Feb 2023 Evaluate

BMW Industries is currently trading at Rs. 32.15, up by 0.05 points or 0.16% from its previous closing of Rs. 32.10 on the BSE.

The scrip opened at Rs. 32.70 and has touched a high and low of Rs. 33.20 and Rs. 31.90 respectively. So far 4031 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 1 has touched a 52 week high of Rs. 39.10 on 30-Dec-2022 and a 52 week low of Rs. 21.10 on 06-Jul-2022.

Last one week high and low of the scrip stood at Rs. 34.85 and Rs. 31.25 respectively. The current market cap of the company is Rs. 723.65 crore.

The promoters holding in the company stood at 73.96%, while Non-Institutions held 26.04% stake in the company.

BMW Industries (BMWIL) has successfully inaugurated its Tube Mill facility at NH-6 unit, Kolkata on February 15, 2023. The company has signed a prestigious agreement with Tata Steel for the conversion of MS Pipes at this facility and the trial runs are scheduled to begin in March 2023. The contract will involve the conversion of 40,000 tons of MS Pipes which will ramp-up the company’s capacity at optimal utilization with a potential conversion revenue of Rs 15 crore over the contract duration of nine months till November 2023; with a renewal clause.

The Company is primarily engaged into manufacturing, processing and selling of steel products comprising of engineering and other products and services and activities related to the same.

BMW Industries Share Price

41.99 -0.93 (-2.17%)
24-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Tata Steel 210.00
JSW Steel 1255.20
SAIL 178.55
Jindal Stainless 766.85
APL Apollo Tubes 2004.30
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×