BEML zooms 2% post Q2 FY17 numbers

India Infoline News Service | Mumbai | November 28, 2016 13:19 IST

BEML has posted a net loss of Rs 16.6 crore for the quarter ended September 30, 2016 as compared to net loss of Rs 24.6 crore for the quarter ended September 30, 2015.

BEML Ltd is currently trading at Rs 821.1, up by Rs 17.2 or 2.14% from its previous closing of Rs 803.9 on the BSE. The company reported that standalone net loss narrowed to Rs 16.6 crore for the second quarter ended September 30, 2016, against that of Rs 24.6 crore in the corresponding quarter of previous fiscal.

The scrip opened at Rs 804 and has touched a high and low of Rs 826 and Rs 802.6 respectively. So far 227649 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 3347.44 crore.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 1324.4 on 04-Jan-2016 and a 52 week low of Rs 770.15 on 23-Nov-2016. Last one week high and low of the scrip stood at Rs 834 and Rs 770.15 respectively.

The promoters holding in the company stood at 54.03 % while Institutions and Non-Institutions held 28.31 % and 17.66 % respectively.

The stock is currently trading below its 200 DMA.
BSE 1,501.90 25.60 (1.73%)

***Note: This is a NSE Chart



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