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BEML falls by daily limit; net loss widens

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Reuters

Reuters Market Eye - Shares in BEML Ltd fall by daily limit of 5 percent after April-June net loss widens from year earlier.

The stock was up recently after relaxation in foreign direct investment rules in India, traders say.

BEML gained 172 percent in the April-June quarter and the stock is still up 148 percent so far this year.

(Reporting by Indulal PM)

 

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First Published: Aug 13 2014 | 10:58 AM IST

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