The buying and selling window will stay closed from July 1 until 48 hours after declaration of monetary outcomes, the board assembly for which shall be intimated in the end.
BEML shares right now ended the session with declines falling by Rs 170 or 3.7% over the Thursday closing value of Rs 4,435 amid weak market sentiments and revenue reserving in defence shares.
The state-run protection and heavy tools producer has been in information currently after it introduced that it has obtained one order from the Commonwealth of Unbiased States (CIS) area for the provision of professional quality bulldozers, in addition to a maiden order from Uzbekistan for the provision of high-performance motor graders.
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The inventory has been an underperformer, declining by over 9% prior to now one 12 months when headline indices Nifty and Sensex have managed returns of three.4% and three.2% respectively.However this, BEML shares are nonetheless buying and selling above their 50-day and 200-day easy shifting averages (SMAs) of Rs 4,102 and Rs 3,664.7, respectively.The corporate reported a quarterly web revenue of Rs 288 crore within the quarter ended March 31, 2025 which was a progress of 12% YoY. Its revenues had been BEML reported at Rs 1,656 crore within the January-March quarter, recording a progress of 9.1% YoY.
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(Disclaimer: Suggestions, recommendations, views and opinions given by the specialists are their very own. These don’t characterize the views of Financial Occasions)
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