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BEML shares hit record high in early trade, almost touch Rs 3,000 mark

BEML shares touched a fresh high of Rs 2999 against the previous close of Rs 2888.60 on BSE. BEML’s market cap rose to Rs 12,372 crore.

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BEML share rises over 4% after firm starts making oxygen generating units

BEML share rose over 4% today after the state-run firm started manufacturing oxygen generation units at its KGF complex in Kolar in Karnataka. BEML stock touched an intraday high of Rs 1,359.9, rising 4.23% against previous close of Rs 1,304.65 on BSE. B

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BEML stock rises over 3% on export orders worth $23 million

BEML stock rises over 3% on export orders worth $23 million
BEML share hit an intraday high of Rs 1,420.95, rising 3.44% against previous close of Rs 1,373 on BSE
BusinessToday.In | March 17, 2021 | Updated 16:40 IST
BEML share trades higher than 20 day, 50 day, 100 day and 200 day moving averages but lower than 5 day moving averages.
BEML share rose over 3% today after the company received export orders from Cameroon and Bangladesh under Government of India-Lines of credit. The mid cap stock hit an intraday high of Rs 1,420.95 rising 3.44% against previous close of Rs 1,373 on BSE.
The share trades higher than 20 day, 50 day, 100 day and 200 day moving averages but lower than 5 day moving averages. BEML share has gained 178.31% in one year and risen 42% since the beginning of this year.

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BEML share zooms 19% after Tata, Mahindra, Ashok Leyland eye govt stake

BEML share zooms 19% after Tata, Mahindra, Ashok Leyland eye govt stake
Share of BEML zoomed 19.03% to a fresh high of Rs 1,394.95 against previous close of Rs 1,171.90 on BSE
BusinessToday.In | March 8, 2021 | Updated 11:35 IST
BEML share is trading higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages.
BEML share climbed to its 52 week high amid reports that companies such as Tata Motors, Mahindra, Ashok Leyland, Bharat Forge Ltd and Megha Engineering are likely to submit expressions of interest for the government's stake in the PSU. Share of BEML zoomed 19.03% to a fresh high of Rs 1,394.95 against previous close of Rs 1,171.90 on BSE.

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BEML share rises 5% as firm receives orders from defence ministry

BEML share rises 5% as firm receives orders from defence ministry
BEML stock touched an intraday high of Rs 1,040, rising 4.77% against previous close of Rs 992.65 on BSE
BusinessToday.In | January 6, 2021 | Updated 14:25 IST
BEML share is trading higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages.
BEML share rose 5% percent in early trade today after the company received an order from Ministry of Defence. BEML stock touched an intraday high of Rs 1,040, rising 4.77% against previous close of Rs 992.65 on BSE.
BEML share is trading higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages. In one year, the share has gained 4.85% and gained 3.68% since the beginning of this year.

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Centre invites bids to sell 26% stake in BEML- Business News

Centre invites bids to sell 26% stake in BEML
Centre has appointed SBI Capital Markets as its Transaction Advisor to advise and manage the strategic disinvestment process; bids will have to be submitted by March 1
BusinessToday.In | February 18, 2021 | Updated 15:10 IST
Central government has invited expressions of interest to offload 26 per cent out of its 54.03 per cent stake in BEML Ltd. The stake sale will also lead to transfer of management control to the successful bidder, the state-run defence and construction equipment manufacturer said in a regulatory filing on Saturday.
"We wish to inform that the Government of India currently holds 54.03 per cent of the total equity share capital of our Company. Gol has decided to disinvest 26 per cent of the total equity share capital of our Company through strategic disinvestment with transfer of management control," BEML said in its statement.

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