BEML shines on launching new version of motor grader for Construction Sector

03 Sep 2014 Evaluate

BEML is currently trading at Rs. 642.00, up by 16.35 points or 2.61% from its previous closing of Rs. 625.65 on the BSE.

The scrip opened at Rs. 648.40 and has touched a high and low of Rs. 656.90 and Rs. 632.00 respectively. So far 91114 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 877.50 on 25-Jun-2014 and a 52 week low of Rs. 139.80 on 30-Sep-2013.

Last one week high and low of the scrip stood at Rs. 656.90 and Rs. 528.20 respectively. The current market cap of the company is Rs. 2671.70 crore.

The promoters holding in the company stood at 54.03% while Institutions and Non-Institutions held 26.53% and 19.44% respectively.

BEML, the premier manufacturer of heavy earth moving equipment for Mining & Constructions Sectors, has indigenously developed and launched BG405A Motor grader BS III compliant Engine with net Horse Power of 119HP and is certified by ARAI for deployment in the Infrastructure/Construction sector. BG405A is designed with articulated boom and has a compact wheel base with 10 feet blade and has turning circle radius of 6 5 meter, specially suitable for road construction projects in rough terrains.

The Equipment is provided with joy stick for ease of operation which reduces operator fatigue. The Equipment is fitted with accumulator assisted all hydraulic braking which ensures fast response while working under demanding conditions. The ergonomically designed cabin has improved operator comfort, wider visibility & safety, fully programmable digital display system with a 7 inch LCD screen provided for improved diagnostics that enhances diagnostic capability.

BEML (formerly Bharat Earth Movers) was established for undertaking manufacture of Rail Coaches & Spare Parts and Mining Equipment at its Bangalore Complex. It has been catering to the needs of core sectors such as mining, power and steel.

BEML Share Price

4064.15 -11.35 (-0.28%)
23-Dec-2024 14:47 View Price Chart
Peers
Company Name CMP
BEML 4064.15
Action Const. Equip 1497.60
Sanghvi Movers 303.65
Brady & Morris Engg 1695.00
TIL 295.00
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