BEML Share Price Down by 5%; BSE CAPITAL GOODS Index Down 2.2%
March 15, 2021 01:16 PM

BEML share price has plunged 5% and is presently trading at Rs 1,447.

Meanwhile, the BSE CAPITAL GOODS Index is at 22,406 (down 2.2%).

Among the top losers in the BSE CAPITAL GOODS Index today is BEML (down 5.3%).

LAKSHMI MACHINE (up 5.0%) and CARBORUNDUM UNIVERSAL (up 2.9%) are among the top gainers today.

Over the last one year, BEML has moved up from Rs 630 to Rs 1,447, registering a gain of Rs 817 (up 129.6%)..

The BSE CAPITAL GOODS has moved up from 14,577 to 22,406, registering a gain of 7,829 points (up 53.7%) during the last 12 months.

The top buzzing stocks among the BSE CAPITAL GOODS Index stocks during this same period were GRAPHITE INDIA (up 167.7%), LAKSHMI MACHINE (up 166.4%) and NBCC (INDIA) (up 134.5%).

What About the Benchmark Indices?

The BSE Sensex is at 50,835 (down 1.9%). The top gainers among the BSE Sensex stocks today are POWER GRID (up 1.4%). The most traded stocks in the BSE Sensex are POWER GRID and HCL TECHNOLOGIES.

In the meantime, NSE Nifty is at 15,048 (down 1.8%). POWER GRID (up 2.0%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 35,697 to 50,835, registering a gain of 15,138 points (up 39.58%).

BEML Financial Update...

BEML net profit down at Rs 1 billion for the quarter ended June 2020, compared to a loss of Rs 48 million a year ago. Net Sales declined 43.6% to Rs 3.9 billion during the period as against Rs 6.9 billion in April-June 2019.

For the year ended March 2018, BEML reported 53.0% increase in net profit to Rs 1.3 billion compared to net profit of Rs 848.0 million during FY17.

Revenue of the company grew 16.6% to Rs 33 billion during FY18.

The current Price to earnings ratio of BEML, based on rolling 12 month earnings, stands at 172.3x.