News

BEML gains on receiving contract worth $19.71 million BEML is currently trading at Rs. 2136.05, up by 34.00 points or 1.62% from its previous closing of Rs. 2102.05 on the BSE. The scrip opened at Rs. 2170.00 and has touched a high and low of Rs. 2170.00 and Rs. 2136.05 respectively. So far 4469 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2208.95 on 24-Aug-2023 and a 52 week low of Rs. 1129.10 on 16-Mar-2023. Last one week high and low of the scrip stood at Rs...
BEML gains on receiving contract worth $19.71 million
BEML gains on receiving contract worth $19.71 million
Source: Accord Fintech
28/08/2023 10:26:51 AM
BEML surges on bagging order from Ministry of Defence BEML is currently trading at Rs. 2132.00, up by 46.05 points or 2.21% from its previous closing of Rs. 2085.95 on the BSE. The scrip opened at Rs. 2120.00 and has touched a high and low of Rs. 2183.95 and Rs. 2112.45 respectively. So far 26859 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2,183.95 on 23-Aug-2023 and a 52 week low of Rs. 1129.10 on 16-Mar-2023. Last one week high and low of the scrip stood at ...
BEML surges on bagging order from Ministry of Defence
BEML surges on bagging order from Ministry of Defence
Source: Accord Fintech
23/08/2023 10:38:42 AM
India`s BEML posts smaller Q1 loss as expenses fall India's BEML Ltd reported a narrower first-quarter loss on Friday, supported by a dip in input costs and as government spending for infrastructure increased. The state-owned heavy equipment maker said its consolidated loss narrowed to 746.4 million Indian rupees ($9.02 million) in the three months ended June 30, from 823.3 million rupees a year earlier. The Indian government's push for higher capital expenditure in its last full budget announced in February 2023 benefited compan...
India`s BEML posts smaller Q1 loss as expenses fall
India`s BEML posts smaller Q1 loss as expenses fall
Source: Reuterss
11/08/2023 3:42:15 PM
BEML moves up on securing letter of Acceptance from BMRC BEML is currently trading at Rs. 2069.80, up by 67.40 points or 3.37% from its previous closing of Rs. 2002.40 on the BSE. The scrip opened at Rs. 2108.85 and has touched a high and low of Rs. 2132.00 and Rs. 2060.00 respectively. So far 15076 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2,132.00 on 08-Aug-2023 and a 52 week low of Rs. 1129.10 on 16-Mar-2023. Last one week high and low of the scrip stood at ...
BEML moves up on securing letter of Acceptance from BMRC
BEML moves up on securing letter of Acceptance from BMRC
Source: Accord Fintech
8/08/2023 10:21:00 AM
BEML zooms on bagging order worth Rs 385 crore BEML is currently trading at Rs. 1622.20, up by 50.55 points or 3.22% from its previous closing of Rs. 1571.65 on the BSE. The scrip opened at Rs. 1594.85 and has touched a high and low of Rs. 1638.00 and Rs. 1581.70 respectively. So far 5744 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1,749.00 on 21-June-2023 and a 52 week low of Rs. 1,022.98 on 28-June-2022. Last one week high and low of the scrip stood a...
BEML zooms on bagging order worth Rs 385 crore
BEML zooms on bagging order worth Rs 385 crore
Source: Accord Fintech
28/06/2023 12:39:44 PM
India`s BEML logs 18% rise in Q4 profit as expenses dip State-owned heavy equipment maker BEML Ltd on Friday reported a more than 18% climb in fourth-quarter profit as easing input costs offset a drop in revenue. Consolidated profit rose to 1.58 billion rupees ($19.12 million) for the three months ended March 31, from 1.33 billion rupees a year earlier. Net profit margin for the quarter expanded to 11.36% from 7.92% for the same quarter in the previous year. BEML benefitted from softness in commodity prices and normalising supply chain as...
India`s BEML logs 18% rise in Q4 profit as expenses dip
India`s BEML logs 18% rise in Q4 profit as expenses dip
Source: Reuters
26/05/2023 4:06:26 PM
Garuda Aerospace & HAL subsidiary Naini Aerospace to make drones City based Drone-as-a-Service (DaaS) player Garuda Aerospace and Naini Aerospace, a subsidiary of Hindustan Aeronautics Ltd (HAL), have inked a joint development partnership. According to Garuda Aerospace, the joint partnership will enable it to manufacture Advanced Precision Drones with a payload capacity of around 25 kg. Garuda Aerospace had recently partnered with BEML at recently held Aero India for drone manufacturing at their Mysuru facility. Naini Aerospace has its production ...
Garuda Aerospace & HAL subsidiary Naini Aerospace to make drones
Garuda Aerospace & HAL subsidiary Naini Aerospace to make drones
Source: IANS
22/05/2023 2:02:53 PM
BEML shines on getting LoA worth Rs 675 crore BEML is currently trading at Rs. 1437.25, up by 59.15 points or 4.29% from its previous closing of Rs. 1378.10 on the BSE. The scrip opened at Rs. 1387.75 and has touched a high and low of Rs. 1444.40 and Rs. 1366.50 respectively. So far 24717 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1,659.00 on 12-Nov-2022 and a 52 week low of Rs. 1106.40 on 20-Jun-2022. Last one week high and low of the scrip stood at ...
BEML shines on getting LoA worth Rs 675 crore
BEML shines on getting LoA worth Rs 675 crore
Source: Accord Fintech
15/05/2023 2:55:16 PM
BEML surges on signing MoU with Delhi Metro Rail Corporation BEML is currently trading at Rs. 1437.75, up by 33.75 points or 2.40% from its previous closing of Rs. 1404.00 on the BSE. The scrip opened at Rs. 1437.25 and has touched a high and low of Rs. 1443.35 and Rs. 1419.80 respectively. So far 2033 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1933.00 on 02-Sep-2022 and a 52 week low of Rs. 1106.40 on 20-Jun-2022. Last one week high and low of the scrip stood at Rs...
BEML surges on signing MoU with Delhi Metro Rail Corporation
BEML surges on signing MoU with Delhi Metro Rail Corporation
Source: Accord Fintech
21/02/2023 10:41:01 AM
Manufacturing cutting-edge products need of the hour: Defence Minister Rajnath Singh at Aero India 2023 Defence Minister Rajnath Singh on Monday urged Indian and global industry leaders to support the governments push for design, development and manufacture of cutting-edge products using critical technologies in the country to attain complete Aatmanirbharta in the field of defence. "The overall objective is to achieve shared global peace and prosperity," he said while addressing a gathering of over 70 CEOs from local and global original equipment manufacturers (OEMs) during a Round...
Manufacturing cutting-edge products need of the hour: Defence Minister Rajnath Singh at Aero India 2023
Manufacturing cutting-edge products need of the hour: Defence Minister Rajnath Singh at Aero India 2023
Source: IANS
14/02/2023 11:09:27 AM
BEML inches up on bagging order worth Rs 377.98 crore BEML is currently trading at Rs. 1380.50, up by 3.05 points or 0.22% from its previous closing of Rs. 1377.45 on the BSE. The scrip opened at Rs. 1439.95 and has touched a high and low of Rs. 1439.95 and Rs. 1377.25 respectively. So far 1970 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1,659.00 on 12-Sep-2022 and a 52 week low of Rs. 922.74 on 20-Jun-2022. Last one week high and low of the scrip stood at Rs....
BEML inches up on bagging order worth Rs 377.98 crore
BEML inches up on bagging order worth Rs 377.98 crore
Source: Accord Fintech
13/02/2023 10:26:29 AM
Indian government to sell up to 5% stake in railway unit Indian Railway Catering and Tourism Corp India will sell an up to 5% stake in Indian Railway Catering and Tourism Corp (IRCTC), the company said in a filing on Wednesday, as the government seeks to meet a steep divestment target for the year. The government is looking to sell a 2.5% stake in the state-owned firm at 680 Indian rupees per share, with an option to additionally offload 2.5%. At that price, offloading 5% of IRCTC could fetch around 27.2 billion rupees ($329.90 million), a Reuters estimate showed. IRCTC is the on...
Indian government to sell up to 5% stake in railway unit Indian Railway Catering and Tourism Corp
Indian government to sell up to 5% stake in railway unit Indian Railway Catering and Tourism Corp
Source: Reuters
15/12/2022 9:46:34 AM
Railway stocks changing to fast track on the bourses The share prices of the Indian Railway sector companies seem to be chugging fast on the stock bourses track. The major listed companies catering to the railway sector are: Indian Railway Catering and Tourism Corporation Ltd (IRCTC), Container Corporation of India Ltd, Indian Railway Finance Corporation, IRCON International Ltd, Texmaco Rail and Engineering Ltd, BEML Ltd, Bharat Electronics Ltd, Rail Vikas Nigam Ltd and RailTel Corporation of India Ltd. According to analysts, the share p...
Railway stocks changing to fast track on the bourses
Railway stocks changing to fast track on the bourses
Source: IANS
28/11/2022 3:30:02 PM
BEML rises as its consolidated net loss narrows to Rs 82 crore in Q1 BEML is currently trading at Rs. 1452.80, up by 33.50 points or 2.36% from its previous closing of Rs. 1419.30 on the BSE. The scrip opened at Rs. 1460.00 and has touched a high and low of Rs. 1471.15 and Rs. 1415.80 respectively. So far 6223 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2084.00 on 07-Dec-2021 and a 52 week low of Rs. 1106.40 on 20-Jun-2022. Last one week high and low of the scrip stood at Rs...
BEML rises as its consolidated net loss narrows to Rs 82 crore in Q1
BEML rises as its consolidated net loss narrows to Rs 82 crore in Q1
Source: Accord Fintech
8/08/2022 2:48:53 PM
BEML rises on receiving variation order of Rs 261.65 crore BEML is currently trading at Rs. 1307.90, up by 20.95 points or 1.63% from its previous closing of Rs. 1286.95 on the BSE. The scrip opened at Rs. 1308.00 and has touched a high and low of Rs. 1314.30 and Rs. 1300.85 respectively. So far 463 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2084.00 on 07-Dec-2021 and a 52 week low of Rs. 1106.40 on 20-Jun-2022. Last one week high and low of the scrip stood at Rs....
BEML rises on receiving variation order of Rs 261.65 crore
BEML rises on receiving variation order of Rs 261.65 crore
Source: Accord Fintech
15/07/2022 9:48:19 AM
BEML rises on signing contract with Coal India BEML is currently trading at Rs. 1848.50, up by 26.35 points or 1.45% from its previous closing of Rs. 1822.15 on the BSE. The scrip opened at Rs. 1830.00 and has touched a high and low of Rs. 1867.35 and Rs. 1830.00 respectively. So far 1509 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2084.00 on 07-Dec-2021 and a 52 week low of Rs. 1120.00 on 23-Apr-2021. Last one week high and low of the scrip stood at Rs...
BEML rises on signing contract with Coal India
BEML rises on signing contract with Coal India
Source: Accord Fintech
20/04/2022 11:10:38 AM
Stock Picks - Buy BEML Ltd For Target Rs. 1570 - ICICI Direct Technical Observations * The share price of BEML has generated a breakout above the last three weeks range (| 1494- 1360) signalling resumption of up move and offers fresh entry opportunity * We expect the stock to continue its positive momentum and head higher towards | 1570 levels in the coming sessions as it is the 161.8% external retracement of the last three weeks breather (| 1494 -1360) * The breakout above the last three weeks range is supported by strong volume of more t...
Stock Picks - Buy BEML Ltd For Target Rs. 1570 - ICICI Direct
Stock Picks - Buy BEML Ltd For Target Rs. 1570 - ICICI Direct
Source: ICICI Direct
8/10/2021 11:16:29 AM
Update On BEML Ltd By HDFC Securities Our Take: BEML Ltd. is a public sector undertaking (PSU) established originally to manufacture rail coaches and spare parts and mining equipment. Today, it is a Miniratna Category-I PSU and operates under three major business verticals i.e. Mining & Construction, Defence and Rail & Metro. We believe BEML is well placed to capitalize on significant growth opportunities from the strong uptick in mining activities, capex driven demand in mining and construction equipment. Mammoth c...
Update On BEML Ltd By HDFC Securities
Update On BEML Ltd By HDFC Securities
Source: HDFC Securities
30/09/2021 12:32:27 PM
Emargin Positional Pick Buy BEML Ltd For Target Rs. 1624 - HDFC Securities Emargin Positional Pick Buy BEML Ltd For Target Rs.1624 - HDFC Securities  TECHNICAL OBSERVATIONS BEML is in strong uptrend on Major time frame. After making a 52 week high on 09th March 2021 it started correcting and halted near 1119 levels which also coincide with bullish trend line. Today stock has broken out from tight range of consolidation (symmetrical triangle) with volumes. It also took multiple support of bullish trend line and resumed its up...
Emargin Positional Pick Buy BEML Ltd For Target Rs. 1624 - HDFC Securities
Emargin Positional Pick Buy BEML Ltd For Target Rs. 1624 - HDFC Securities
Source: HDFC Securities Ltd
15/09/2021 11:39:45 AM
Key News - BEML Ltd, Covid-19 pandemic, SBI Cards and Payment Services Ltd, State Bank of India Ltd, Thyrocare Technologies Ltd by ARETE Securities Key News BEML privatisation: Panel to meet on Friday to finalise sale process The inter-ministerial group (IMG) will meet on Friday to finalise the draft request for proposal (RFP) and share purchase agreement (SPA) for privatisation of BEML. The document will give the shortlisted bidders clarity on the liabilities they will have to take on board. The IMG chaired by secretary of the Department of Investment and Public Asset Management (Dipam) will finalise the draft RFP and SPA. The pan...
Key News - BEML Ltd, Covid-19 pandemic, SBI Cards and Payment Services Ltd, State Bank of India Ltd, Thyrocare Technologies Ltd by ARETE Securities
Key News - BEML Ltd, Covid-19 pandemic, SBI Cards and Payment Services Ltd, State Bank of India Ltd, Thyrocare Technologies Ltd by ARETE Securities
Source: ARETE Securities Ltd
18/06/2021 8:44:29 AM
Stock Picks - Buy BEML Limited For Target Rs. 1440 - ICICI Direct Technical Observations The share price of BEML has witnessed falling channel breakout backed by 5x volume of 20 days average volume, signaling resumption of primary up trend that offers fresh entry opportunity The stock has formed a strong base formation above 61.8% retracement of January – March up move (888-1540) around |1140 coincided with 50 day EMA suggesting robust price structure Going ahead we expect stock to resolve higher and gradually head towards | 1440 as it is the...
Stock Picks - Buy BEML Limited For Target Rs. 1440 - ICICI Direct
Stock Picks - Buy BEML Limited For Target Rs. 1440 - ICICI Direct
Source: ICICI Direct
12/05/2021 11:47:08 AM
Momentum Pick - Buy BEML Ltd For Target Rs. 1450 - HDFC Securities Momentum Pick - Buy BEML Ltd For Target Rs. 1450 - HDFC Securities  * After showing a minor declines/sideways consolidation, the stock price has shifted into an upside bounce. * Today’s upmove could be considered as an upside breakout of the narrow range movement/immediate resistance. * The short term trend seems to have turned positive. * We observe a formation of positive candlestick pattern as per intraday/daily/weekly timeframe chart. * Volume has started to...
Momentum Pick - Buy BEML Ltd For Target Rs. 1450 - HDFC Securities
Momentum Pick - Buy BEML Ltd For Target Rs. 1450 - HDFC Securities
Source: HDFC Securities Ltd
16/03/2021 1:52:46 PM
Stock of the week - Bmel has been one of the strongest outperformer in the previous week By GEPL Capital Stock of the week Observation * BMEL has been one of the strongest outperformer in the previous week. * The stock ended the week with a gain of (10.45%) while the NIFTY ended the week with a loss of (-3.02%). The stock not only breached above 1068 (important resistance level) but also ended the week above it. This break out was backed by above average volume, indicating participation as the prices breach above multi week highs. * On the indicator front the ADX plotted on both the ...
Stock of the week - Bmel has been one of the strongest outperformer in the previous week By GEPL Capital
Stock of the week - Bmel has been one of the strongest outperformer in the previous week By GEPL Capital
Source: GEPLCapital Ltd
1/03/2021 10:32:25 AM
LKP Spade, A Weekly Pick - BEML LTD By LKP Securities BEML LTD * Stock has moved out of its range with strong spurt in volume. * Prices are well trading above ichimoku clouds which shows trend is up. * Both momentum indicator RSI and MACD showing positive move. Buy BEML LTD  @ 1080-1085  TGT 1160 SL Below Rs. 1025 CB   To Read Complete Report & Disclaimer Click Here   For More  LKP Securities Ltd Disclaimer  http://www.lkpsec.com/   Above views are ...
LKP Spade, A Weekly Pick - BEML LTD By LKP Securities
LKP Spade, A Weekly Pick - BEML LTD By LKP Securities
Source: LKP Securities Ltd
1/03/2021 10:21:54 AM
Stock Picks - Buy BEML Limited For Target Of Rs. 1185.00 - ICICI Direct Technical Observations * The stock has generated a breakout above last eight weeks range (|1051-900) signalling continuation of the primary uptrend and offers fresh entry opportunity * On the long term chart it is at the cusp of breakout above the previous major highs of CY 2019 and CY 2020 indicating a structural turnaround * We believe, The stock has immediate support at | 980-990 levels as it is the confluence of the rising 20 days EMA and the 50% retracement of the current up mov...
Stock Picks - Buy BEML Limited For Target Of Rs. 1185.00 - ICICI Direct
Stock Picks - Buy BEML Limited For Target Of Rs. 1185.00 - ICICI Direct
Source: ICICI Direct
26/02/2021 11:32:25 AM
Momentum Pick - Buy BEML Ltd For Target Rs. 955 - HDFC Securities Momentum Pick - Buy BEML Ltd For Target Rs. 955 - HDFC Securities  After showing a minor declines/sideways consolidation, the stock price has shifted into an upside bounce. Today’s upmove could be considered as an upside breakout of the narrow range movement/immediate resistance. The short term trend seems to have turned positive. We observe a formation of positive candlestick pattern as per intraday/daily/weekly timeframe chart. Volume has started to rise along with ...
Momentum Pick - Buy BEML Ltd For Target Rs. 955 - HDFC Securities
Momentum Pick - Buy BEML Ltd For Target Rs. 955 - HDFC Securities
Source: HDFC Securities Ltd
29/01/2021 11:38:11 AM
BEML shares surge nearly 8% as government invites EoIs for stake sale Shares of public sector undertaking BEML surged nearly 8 per cent on Monday after the government announced to sell 26 per cent stake in the company and invited expressions of interest (EoI) for the same. Its shares opened 7.7 per cent higher to touch an intraday high of Rs 1,050 points. They have, however, pared gains and around 11 a.m. were trading at Rs 1,007.00, higher by Rs 32.75 or 3.36 per cent from its previous close. "Govt has issued the PIM/EOI for disinvestment of 26 p...
BEML shares surge nearly 8% as government invites EoIs for stake sale
BEML shares surge nearly 8% as government invites EoIs for stake sale
Source: IANS
4/01/2021 11:28:10 AM