Page 6 - Beml

BEML to firm up partnerships with Czech, Japanese firms to indigenise tech

Tie-ups through the EOIs would be for products that complement BEML's existing products

Analysts cautious on railway stocks despite resumption in train services

Analysts believe the resumption of passenger train services is like a sentimental boost from the government and can give a short-term bounce to the stocks, an extension of lockdown may dent sentiment

Coronavirus related order flows add to BEL, BEML's strong prospects

Existing defence orders in execution stage to remain BEL's earning drivers, while BEML to also gain from railway projects

Centre likely to pare stake in BEML to 26% via strategic disinvestment

The government has set an all-time high disinvestment target of Rs 1.05 lakh crore, up from Rs 90,000 crore projected in the Interim Budget 2019-20 in February.

Disinvestment apart, BEML is anyway a good play on metro rail, defence

A growing executable order book and reasonable valuations make it a good investment

BEML surges 10%, hits 52-week high on report govt plans divestment

According to a report by CNBC-Awaaz, the government could soon invite Expression of Interest (EoI) by late November or early December to reduce its stake by nearly 26 per cent in the company.

Metro rail, defence projects may help BEML tide over slowdown blues

The metro and rail segment, which grew 45% in FY19, accounts for half the firm's order book

Modi launches indigenous coach with cycle carrying option for Mumbai metro

The coach, the first in the list of 500 to be delivered to the Mumbai Metro Rail Corporation, has been built by Bharat Earth Movers (BEML) at its Bengaluru facility in flat 75 days

Why analysts are positive on BEML stock despite muted Q1 expectations

The company is the largest beneficiary of government thrust on railway projects, particularly Metro rail

Strong order book leads to outsized gains for BEML; stock up 60% since Oct

The Mumbai metro project order is about 45% of the company's order book at the start of the year

BEML hits three-month high; stock up 21% in one month

The stock surged 8% to Rs 848 on report that the company has pitched for indigenisation of at least six rakes of bullet train coaches in collaboration with its Japanese partner Hitachi.

BEML posts marginal rise in Q4 net profit despite slide in revenue

The company also said that it has undertaken a capital expenditure of Rs 0.7 billion in the last financial year, which will be doubled to Rs 1.40 billion this fiscal

BEML optimistic about Mumbai-Ahmedabad bullet train project

The state-run company also sees opportunities in various metro projects and intends to become a turnkey player

BEML falls 18% in three days after clarification on stake sale report

The stock hit a 52-week low of Rs 1,112, down 7% on the BSE in intra-day trade today

BEML surges 7% on good Q4 results

The board has recommended a dividend @ Rs 8/- per equity share (80%) for the year 2016-17.

BEML surges 20% as government clears 26% strategic sale

The stock surged 20% to Rs 1,189 on the BSE in intra-day on back of an over 10-fold jump in trading volumes

Govt clears 26% strategic sale in Bharat Earth Movers

The government is targeting Rs 56,500 crore in disinvestment proceeds this financial year

Compass: BEML looks at fresh start after dismal H1

Prepares growth plan for each business segment

BEML hits two-month high; stock up over 20% in one month

The stock hit two-month high of Rs 959, up 3.7%, extending its Wednesday's 2% gain on the NSE

BEML Q2 net loss narrows to Rs 17 cr

Total income from operations declined to Rs 453.5 cr in the quarter under review, over Rs 676.4 cr in the July-Sept quarter of previous financial year