Stock markets decline in early trade as Trump slaps additional 25% tariff on Indian goods
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
News18
an hour ago
- News18
BEML Jumps 5% After Winning First-Ever Overseas Contract; Key Points For Investors
Last Updated: BEML shares were in focus on Monday, August 11, 2025, rising as much as 4.88% to hit an intraday high BEML Share Price: BEML shares were in focus on Monday, August 11, 2025, rising as much as 4.88% to hit an intraday high of Rs 4,045.60 apiece. At 12:20 PM, the stock was trading 3.09% higher at Rs 3,976.10, while the BSE Sensex was up 0.35% at 80,135.16. The surge came after BEML announced it had secured its maiden overseas contract in the Rail and Metro segment from Malaysia. In an exchange filing, the company said: 'We hereby inform that BEML Limited received its maiden overseas contract in the Rail and Metro segment from Malaysia for the Retrofit and Reconditioning of the Mass Rapid Transport System on 09.08.2025, valued at $1 million." Under the order, BEML will handle the retrofit and reconditioning work for Malaysia's Mass Rapid Transport System. The company is scheduled to release its Q1 FY26 (June quarter) results later today. In the previous quarter (Q4 FY25), BEML posted an 11.97% year-on-year rise in profit after tax (PAT) to Rs 287.55 crore, up from Rs 256.80 crore in Q4 FY24. Total expenses for the quarter increased 9% YoY to Rs 1,261.37 crore, against Rs 1,170.57 crore in the same period last year. About BEML BEML Limited, formerly Bharat Earth Movers Limited, is a public sector undertaking established in May 1964 and headquartered in Bengaluru. view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
&w=3840&q=100)
Business Standard
an hour ago
- Business Standard
Yatharth hits new high, zooms 52% in 3 months; what's driving the rally?
Yatharth Hospital & Trauma Care Services share price today: Shares of Yatharth Hospital & Trauma Care Services (Yatharth Hospitals) hit a new high of ₹738, as they rallied nearly 5 per cent on the BSE in Monday's intra-day trade. In the past two weeks, the stock price of one of the leading private super speciality hospitals in North India has surged 20 per cent. In the past three months, it zoomed 52 per cent. In the past six months, the stock rallied nearly 80 per cent, as compared to 5 per cent rise in the BSE Sensex. What's the trigger behind the rally in Yatharth Hospitals? Yatharth Hospitals is set to be included as a constituent of the MSCI India Small Cap Index, effective from the upcoming index rebalancing date of August 26, 2025. The MSCI India Small Cap Index is designed to measure the performance of the small cap segment of the Indian equity market. The MSCI indices are widely tracked by international institutional investors, and this addition is set to enhance the Yatharth Hospital's visibility amongst global investors, the company said in a press release. Over the past four years, Yatharth Hospitals has delivered a robust revenue compounded annual growth rate (CAGR) of 40 per cent and a profit after tax (PAT) CAGR of 61 per cent. This remarkable growth underscores the increasing influence of the Yatharth brand and its position as a leading healthcare provider in North India. The company's success is attributed to significant investments in state-of-the-art medical technologies, focus on clinical excellence and the dedication of its medical practitioners and staff, it said. Yatharth Hospitals is on course to surpass its target of 3,000 beds by FY28, driven by a strategic capacity expansion focused on strengthening its footprint in the highgrowth Delhi-NCR region. The new hospitals in Faridabad and New Delhi will offer super-specialty services from day one, ensuring higher average revenue per occupied bed (ARPOB) and enabling a faster ramp-up. With Ebitda breakeven anticipated within 12–15 months of commissioning, this expansion is expected to propel robust volume growth and enhance operating leverage, according to analysts at Choice Equity Broking. 'We expect growth to be driven by higher ARPOB, improved occupancy levels (aiming for 70 per cent across existing facilities), strategic acquisitions, and a sustained revenue growth trajectory of +30 per cent. Additionally, an increasing share of super-specialty services is anticipated to enhance their contribution to Yatharth's overall revenues,' the brokerage firm said with a 'buy' rating on stock and target price of ₹800 per share. In the coming years, healthcare delivery in India is expected to be primarily shaped by technological advancements and the growing adoption of digital health solutions by both providers and patients. This transformation will be fueled by shifts in mindset, advancements in technology, infrastructure development, government initiatives, and more. Key government programmes, such as the Ayushman Bharat Digital Mission (ABDM) and e-Sanjeevani, are laying the groundwork for a digitised healthcare ecosystem. At the same time, private sector players are exploring digital technologies like robotics, telehealth, AI, and 5G to offer technology-driven care to their patients. Overall, the Indian healthcare industry has maintained robust growth momentum and is poised for continued expansion, fuelled by strong government support, rising private sector investments, technological advancements, and a steadfast commitment to enhancing healthcare access and affordability for all segments of the population, Fortis Healthcare said in FY25 annual report. About Yatharth Hospital & Trauma Care Services Yatharth Hospitals is one of North India's leading healthcare providers. With seven super speciality hospitals located in North India, i.e., at Noida, Greater Noida, Noida Extension, Greater Faridabad, newly operationalised Model Town facility, and soon to be operationalised Faridabad facility in Delhi NCR, and Jhansi-Orchha in Madhya Pradesh, it has a total capacity of more than 2,300 beds.
&w=3840&q=100)
Business Standard
2 hours ago
- Business Standard
BEML shares rally 5% on securing maiden overseas contract; key details here
BEML share price rallied today after the company announced that it has secured its maiden overseas contract in the Rail and Metro segment from Malaysia. SI Reporter New Delhi BEML share price: BEML share price was buzzing in trade on Monday, August 11, 2025, with the stock rising as much as 4.88 per cent to an intraday high of 4,045.60 per share. At 12:20 PM, BEML share price was trading 3.09 per cent higher at 3976.10 per share. In comparison, BSE Sensex was trading 0.35 per cent higher at 80,135.16 levels. Why did BEML share price rally today? BEML share price rallied today after the company announced that it has secured its maiden overseas contract in the Rail and Metro segment from Malaysia. In an exchange filing, BEML said, 'We hereby inform that BEML Limited received its maiden overseas contract in the Rail and Metro segment from Malaysia for the Retrofit and Reconditioning of the Mass Rapid Transport System on 09.08.2025, valued at $1 million.' Under the terms of the order, BEML will be responsible for the Retrofit and Reconditioning of the Mass Rapid Transport System. The order is worth $1 million, BEML said in a statement. BEML results BEML is set to announce its June quarter of financial year 2026 (Q1FY26) results today. In the previous quarter (Q4FY25), BEML reported a 11.97 per cent year-on-year (Y-o-Y) rise in its profit after tax (PAT) at ₹287.55 crore, up from ₹256.80 crore in the same period last year (Q4FY24). The public sector undertaking's (PSU) revenue from operations grew 9.18 per cent Y-o-Y to ₹1,652.53 crore in Q4FY25, compared to ₹1,513.65 crore in Q4FY24. Total income for the quarter stood at ₹1,656.67 crore, marking a 9 per cent increase from ₹1,518.52 crore a year ago. Total expenses rose 9 per cent Y-o-Y to ₹1,261.37 crore in the quarter, against ₹1,170.57 crore in the corresponding period last year. About BEML BEML Limited, formerly known as Bharat Earth Movers Limited, is an Indian public sector undertaking established in May 1964 and headquartered in Bengaluru. The company is a key player in India's infrastructure and defence sectors, manufacturing heavy equipment for mining, construction, defense, and rail & metro applications. It operates through three core business verticals, Defence and Aerospace, Mining and Construction, and Rail and Metro. BEML has four major manufacturing facilities located in Bangalore, Kolar Gold Fields (KGF), Mysuru, and Palakkad, supporting its wide-ranging production capabilities. The company's product portfolio includes dozers, dumpers, excavators, and shovels for mining and construction, ground support equipment for the defense sector, and rail coaches and metro cars for urban transportation. The market capitalisation of BEML is ₹16,552.65 crore, according to BSE. The company falls under the BSE 500 index category.
