BEML declines on reporting net loss of Rs 55.14 crore in Q2FY15

17 Nov 2014 Evaluate

BEML is currently trading at Rs. 703.00, down by 25.20 points or 3.46% from its previous closing of Rs. 728.20 on the BSE.

The scrip opened at Rs 684.00 and has touched a high and low of Rs. 712.40 and Rs 678.25 respectively. So far 99806 shares were traded on the counter.

The BSE group 'A' 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. 178.00 on 22-Nov-2013.

Last one week high and low of the scrip stood at Rs. 758.70 and Rs. 685.00 respectively. The current market cap of the company is Rs. 2935.94 crore.

The promoters holding in the company stood at 54.03% while Institutions and Non-Institutions held 27.11% and 18.86% respectively.

BEML has posted a net loss of Rs 55.14 crore for the quarter ended September 30, 2014 as compared to a net loss of Rs 38.88 crore for the same quarter in the previous year. Total income has decreased by 39.48% at Rs 458.78 crore for quarter under review as compared to Rs 758.10 crore for the quarter ended September 30, 2013.

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

4041.15 -34.35 (-0.84%)
23-Dec-2024 15:24 View Price Chart
Peers
Company Name CMP
BEML 4041.15
Action Const. Equip 1492.75
Sanghvi Movers 304.50
Brady & Morris Engg 1742.40
TIL 294.50
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