Latest news with #BEML
Business Upturn
an hour ago
- Business
- Business Upturn
BEML bags defence order worth Rs 293.82 crore for supply of HMV 6×6 vehicles
BEML Limited has announced that it has secured a fresh order worth approximately ₹293.82 crore from the Ministry of Defence for the supply of High Mobility Vehicles (HMV) 6X6. The disclosure was made pursuant to Regulation 30 read with Schedule III of SEBI (LODR) Regulations, 2015. This new contract strengthens BEML's position as a key defence equipment supplier, highlighting its capability to deliver advanced, indigenous mobility solutions for the armed forces under the government's 'Make in India' initiative. Notably, on July 18, BEML had also announced a separate order worth ₹185.65 crore from the Ministry of Defence (E-in-C) for the supply of bulldozers. That earlier order, which was made in the normal course of business, further deepened the company's long-standing relationship with the Ministry and added to its already strong defence-focused order pipeline. While the bulldozer order is unrelated to the latest HMV contract, both reinforce BEML's critical role in supporting India's defence infrastructure through consistent and high-quality equipment deliveries. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
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Business Standard
2 days ago
- Business
- Business Standard
BEML stock split news: Here's what investors need to know
BEML share price today: Public sector company, Bharat Earth Movers Ltd. (BEML) disclosed in its recent exchange filing on Monday, July 21, 2025, that the board of directors has greenlit the proposal for a stock split in the ratio of 1:2. On Monday, BEML shares closed the trading session at ₹4,372, down by 0.67 per cent on the National Stock Exchange. "The record date for the purpose of above sub-division/ split of Equity Shares shall be decided after obtaining approval for sub-division/ split from the shareholders and will be intimated in due course," the exchange filing read. What this means for investors? BEML's board approval for a 1:2 stock split means that each existing equity share of face value ₹10 (fully paid up) will be sub-divided into two equity shares of face value ₹5 each (fully paid up). A stock split increases the number of outstanding shares in the market without adjusting the value of an investor's total holdings. While this reduces the price of each equity share, the overall market capitalisation of the company stays the same. The company mentioned in its exchange filing that the move is aimed at complying with the capital restructuring guidelines of the Department of Investment and Public Asset Management (DIPAM). This stock split will also make the stock more accessible for small investors and improve the overall liquidity of the company shares in the market. BEML share price So far this calendar year, BEML shares have witnessed a single-digit rise of 8 per cent on the BSE. However, in the last 3-month period, the shares of the defence company have experienced a surge of 38 per cent. The defence stock is trading above its 52-week low of ₹2,350, touched earlier this year. The current market capitalisation of the company stands at ₹18,206.98 crore. BEML financials BEML reported a double digit surge of 12 per cent in its profit after tax (PAT) to ₹287.5 crore in the fourth quarter of the financial year 2024-2025 (Q4FY25), from ₹256.80 crore reported in the corresponding quarter of the previous fiscal year. Revenue from operations stood at ₹1,652.53 crore in Q4FY25, up by 9.18 per cent from ₹1,513.65 crore reported in Q4FY24. As per Elara Capital, the robust performance trajectory might take a breather in the coming quarter due to sluggish execution of orders. "BEML revenue may rise 6 per cent due to the slowdown in railway orders execution," the brokerage firm stated in its report.
Time of India
2 days ago
- Business
- Time of India
BEML approves first-ever 1:2 stock split in board meeting today. Check all details
BEML Ltd, in a board meeting held on Monday, approved its first-ever split of the company's equity shares, in a 1:2 ratio. The move aims to enhance stock liquidity and encourage wider investor participation. As per the announcement, each existing equity share of face value Rs 10 will be subdivided into two equity shares of face value Rs 5 each, fully paid up. The proposal, however, is subject to shareholders' approval. The record date for the stock split will be announced once shareholder approval is secured. Explore courses from Top Institutes in Select a Course Category Operations Management Product Management Artificial Intelligence healthcare PGDM Public Policy others Degree Management Data Analytics Leadership Finance CXO Project Management MBA MCA Cybersecurity Technology Data Science Digital Marketing Others Design Thinking Data Science Skills you'll gain: Quality Management & Lean Six Sigma Analytical Tools Supply Chain Management & Strategies Service Operations Management Quality Management & Lean Six Sigma Analytical Tools Supply Chain Management & Strategies Service Operations Management Duration: 10 Months IIM Lucknow IIML Executive Programme in Strategic Operations Management & Supply Chain Analytics Starts on Jan 27, 2024 Get Details Skills you'll gain: Quality Management & Lean Six Sigma Analytical Tools Supply Chain Management & Strategies Service Operations Management Duration: 10 Months IIM Lucknow IIML Executive Programme in Strategic Operations Management & Supply Chain Analytics Starts on Jan 27, 2024 Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Top 15 Most Beautiful Women in the World Undo BEML stated that the share split aims to comply with DIPAM guidelines on capital restructuring, encourage wider participation from retail and small investors, and enhance the liquidity of its shares in the stock market. Post-split, the authorised share capital will stay at Rs 100 crore, restructured as 20 crore equity shares of Rs 5 each, replacing the earlier 10 crore shares of Rs 10 each. Similarly, the issued, paid-up, and subscribed share capital will remain at Rs 41.64 crore, now comprising 8.32 crore equity shares of Rs 5 each. Live Events BEML plans to intimate the record date for the stock split in due course after obtaining shareholders' approval. Further, the company expects the process to be completed within 2-3 months from the date of shareholders' approval. Also read: Early Q1 results show a slowdown in revenue and profit growth for Indian companies According to the Trendlyne data, this is the first-ever stock split that is being carried out by the company. After the update, the shares of BEML were trading 0.65% lower at Rs 4,372.70 on the NSE.
News18
2 days ago
- Business
- News18
BEML Board Recommends 1:2 Stock Split, Record Date To Be Announced Soon
Last Updated: BEML Ltd board recommended a stock split in the ratio of 1:2. The record date for the stock split will be announced after shareholders' approval. BEML Stock Split 2025: BEML Ltd board on Monday recommended a stock split in the ratio of 1:2 in the board meeting held today, July 21. The company said that the record date for the purpose of the stock split will be announced in due course. The one stock with the face value of Rs 10 per share will be sub-dividend into 2 equity shares with the face value of Rs 5 each. 'sub-division/ split of existing 1 (One) Equity Share of face value of Rs.10/- (Rupees Ten Only) each fully paid up into 2 (Two) Equity Shares of face value of Rs. 5/- (Rupees Five Only) each fully paid up, subject to shareholders' approval (Details enclosed at Annexure-I). The record date for the purpose of above sub-division/ split of Equity Shares shall be decided after obtaining approval for sub-division/ split from the shareholders and will be intimated in due course…," the company said in the filing. BEML shares fell 0.50 per cent intraday on Monday. At 2:13 pm, the scrip was trading at Rs 4380 apiece, compared to the previous day close at Rs 4,401 apiece. The stock's 52-week movement indicates a high of Rs 4,889 and a low of Rs 2,346 apiece. A stock split is when a company divides its existing shares into multiple shares to increase the number of outstanding shares. The main purpose of a stock split is to make the share price more affordable and attractive to retail investors, especially if the price has become too high. It also increases liquidity in the market, making it easier to buy and sell shares. BEML Limited has maintained a consistent dividend payout policy over the past two years, offering both interim and final dividends to its shareholders. In FY25, the company announced two interim dividends — Rs 5.00 per share with a record date of February 14, 2025, and a second, higher interim dividend of Rs 15.00 per share declared with a record date of May 15, 2025. In the previous financial year (FY24), BEML declared a final dividend of Rs 15.50 per share, with the book closure period set from September 14 to 20, 2024, and also an interim dividend of Rs 5.00 per share with a record date of February 16, 2024. This steady stream of dividends reflects the company's strong financial performance and its commitment to rewarding shareholders. view comments First Published: July 21, 2025, 14:09 IST 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.
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Business Standard
5 days ago
- Business
- Business Standard
BEML wins ₹185.65 cr order from govt for 79 indigenous bulldozers
State-owned BEML on Friday announced it has bagged a government order worth Rs 185.65 crore for supply of 79 units of bulldozers. The company has bagged the order from the Ministry of Defence (MoD), BEML said in an exchange filing. "BEML Ltd secures MoD order worth Rs 185.65 crore for the supply of 79 units of its flagship Power Angling & Tilting (PAT) bulldozers," it said. The new order follows the company's successful execution of an earlier contract for 66 bulldozers, all of which were delivered well within the stipulated timeline. "This order reinforces our steadfast commitment to the Government of India's 'Make in India' initiative and our resolve to equip the nation's armed forces with reliable, high-quality, and indigenously developed solutions," Shantanu Roy, Chairman & Managing Director of BEML Ltd, said. BEML, under the administrative control of the Ministry of Defence, operates in three verticals - construction and mining, rail and metro, and defence and aerospace. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
