BMW Industries surges on partnering with Indian Oil Corporation
BMW Industries is currently trading at Rs. 33.84, up by 0.38 points or 1.14% from its previous closing of Rs. 33.46 on the BSE.
The scrip opened at Rs. 33.98 and has touched a high and low of Rs. 34.89 and Rs. 33.79 respectively. So far 53706 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 59.75 on 21-May-2025 and a 52 week low of Rs. 31.05 on 04-Mar-2026.
Last one week high and low of the scrip stood at Rs. 34.89 and Rs. 31.05 respectively. The current market cap of the company is Rs. 763.27 crore.
The promoters holding in the company stood at 74.36%, while Institutions and Non-Institutions held 0.01% and 25.63% respectively.
BMW Industries has entered into a strategic partnership for the supply of Piped Natural Gas (PNG) with Indian Oil Corporation. The agreement was signed at the Eastern Region Pipelines Headquarters, Kolkata, marking a strategic partnership aimed at enabling cleaner and more efficient energy usage at BMW Industries’ forthcoming manufacturing facility in Bokaro. The adoption of natural gas is expected to support BMW Industries’ transition towards cleaner energy sources, enhance operational efficiency, and reduce the carbon footprint of its manufacturing processes
