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Home - Business - Smallcap PSU stock spurts 18% after robust Q4 show

  • Business

Smallcap PSU stock spurts 18% after robust Q4 show

Topnewsplus5 months ago02 mins
Smallcap PSU stock spurts 18% after robust Q4 show

BEML shares in Monday’s shares spiked as much as 15 per cent to the day’s high of Rs 4,267.45 apiece on the BSE. On the NSE, the stock gained 18 per cent to the day’s high price of Rs 4,380 per share.

The gains in the stock followed the PSU company’s strong Q4 earnings. For the reporting quarter, the company’s net profit soared 12 per cent to Rs 287.55 crore in the quarter ended March 2025 as against Rs 256.80 crore during the previous quarter ended March 2024. Sales rose 9.18 per cent to Rs 1652.53 crore in the quarter ended March 2025 as against Rs 1513.65 crore during the previous quarter ended March 2024.

For the full year,net profit rose 3.82 per cent to Rs 292.52 crore in the year ended March 2025 as against Rs 281.77 crore during the previous year ended March 2024.

Sales, on the contract, contracted 0.79 per cent to Rs 4022.22 crore in the year ended March 2025 as against Rs 4054.32 crore during the previous year ended March 2024.

BEML share price performance

Shares of the company traded higher by 24 per cent in the last one year.

About BEML

The company operates primarily in 3 segments, including defence and aerospace, mining and construction and rail and metro.

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