BEML Ltd Share Price – NSE  /  BSE

Aerospace & Defence, Small Cap

BEML has bagged order from Northern Coal Fields for dump trucks contract worth Rs.250 crore.

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Revenue from operations increased 9.06% to Rs 1513.65 crore in Q4 FY24.

In Q4 FY24, profit before tax (PBT) stood at Rs 347.60 crore, up 25.26% YoY.

Total expenses rose 3.65% YoY to Rs 1,170.65 crore in Q4 FY24. Cost of material consumed stood at Rs 844.39 crore (up 29.56% YoY) while employee benefit expenses was at Rs 196.74 crore (down 2.63%YoY) and finance cost stood at Rs 10.73 crore (down 12.12% YoY).

As on 31 March 2024, the order book stood at Rs 1,126 crore. The defence company said it executed orders worth Rs 1,484 in during the quarter.

Meanwhile, the company’s board has declared a dividend of Rs 15 per share for FY24.

BEML is a multi-technology schedule 'A' company under the Ministry of Defence. It operates under three major business verticals viz., defence & aerospace, mining & construction, and rail & metro. As on 31 March 2024, the Government of India held 54.03% stake in BEML.

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ABB India Ltd, Esab India Ltd, Sharda Cropchem Ltd and Piramal Pharma Ltd are among the other gainers in the BSE's 'A' group today, 13 May 2024.

BEML Ltd surged 11.78% to Rs 3588 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 35945 shares were traded on the counter so far as against the average daily volumes of 9769 shares in the past one month.

ABB India Ltd soared 10.00% to Rs 7900.35. The stock was the second biggest gainer in 'A' group. On the BSE, 91869 shares were traded on the counter so far as against the average daily volumes of 15912 shares in the past one month.

Esab India Ltd spiked 9.79% to Rs 5532.55. The stock was the third biggest gainer in 'A' group. On the BSE, 2032 shares were traded on the counter so far as against the average daily volumes of 387 shares in the past one month.

Sharda Cropchem Ltd gained 7.96% to Rs 388.8. The stock was the fourth biggest gainer in 'A' group. On the BSE, 41263 shares were traded on the counter so far as against the average daily volumes of 8059 shares in the past one month.

Piramal Pharma Ltd added 6.15% to Rs 159.55. The stock was the fifth biggest gainer in 'A' group. On the BSE, 13.32 lakh shares were traded on the counter so far as against the average daily volumes of 3.47 lakh shares in the past one month.

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BEML announced that the Board of Directors of the Company at its meeting held on 12 May 2024, inter alia, have recommended the final dividend of Rs 15.5 per equity Share (i.e. 155%) , subject to the approval of the shareholders.

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