Why President of India Backed BEML Shares Gained 19.6%? Buy?

Leading railway sector stock BEML share price today zoomed 7.92% on Bombay Stock Exchange (BSE) today as Sensex plummeted 200.15 points to 82,330.59. Last trading price of PSU stock stood at Rs 3659.15 per share on BSE. It recorded a sharp surge of 19.63% in last 1-week and delivered multibagger returns of 156.7% in last 2-years. Meanwhile, President of India’s stake in BEML stood at 54.03%. The company has a market capitalisation of Rs 15,238.35 crore and ROE is 10.31%. Earlier this month on May 9, 2025, the company recommended a dividend of Rs 15/- per share and fixed May 15, 2025 as the record date. The company will once again consider dividend on May 23, 2025 along with financial results. HDFC Small Cap Fund has 7.51% in the PSU with 3,127,809 shares of the firm. Check key details below:

BEML To Consider Financial Results, Dividend On May 23, 2025

According to the BSE filing of BEML dated May 16, 2025, “We hereby intimate that a Board Meeting of M/s. BEML Limited will be held on Friday, the 23rd May, 2025, inter-alia, to:

Why President of India Backed BEML Shares Jumped 19.6%? Should You Buy?

Consider and approve the Standalone and Consolidated Audited Financial Results for the financial year ended 31.03.2025.
Recommend the Final Dividend for the FY 2024-25 on equity shares, if any.”

BEML Previous Dividend In 2025

The company on May 9 issued an exchange filing stating that it declared 2^nd Interim Dividend of Rs. 15/- per equity share of Rs.10/- each (i.e. 150% of paid up share capital) for the Financial year 2024-25. It set May 15, 2025 as the record date.

BEML Acquired Land In Bhopal

The company on May 11 stated that the Government of Madhya Pradesh approved the allotment of 60.063 hectares (approximately 148 acres) of land to the Company. The land is located in Umeria, Raisen district, and has been allotted for setting up a construction facility to manufacture rolling stock / coaches for railway and metro projects in the state.

BEML Acquires Land In Chhattishgarh

The BSE filing dated May 9, 2025 stated that the Chhattisgarh cabinet gave its nod to the allotment of 100 acres of land in Janjgir-Champa district to the Company at Re. 1 per acre for setting up a state-of-the-art Heavy Earth Moving Equipment manufacturing plant in the state.

BEML Shares Performance

The 52-week high price of BEML shares on BSE stood at Rs 5489.15 per share (as on 05/07/2024) and 52-week low price is Rs 2346.35 per share (as on 03/03/2024), respectively. BEML shares slipped 11.21% year-to-date, plunged a little over 1% in last 1-year, and gained 214% in last 3-years. It offered stunning returns 633.4% in last 5-years.

BEML Dividend History

The PSU declared 34 dividends since 2003. In last 1-year, BEML Ltd. announced equity dividend of Rs 35.50 per share. At the last trading price of Rs 3057.05 per share, BEML offers a dividend yield of 0.97%.

BEML Dividend In 2025

Board of Directors of the PSU on Feb 06, 2025 declared an interim dividend of Rs. 5/- per equity share of Rs.10/- each (i.e. 50% of paid up share capital) for the financial year 2024-25. The company fixed March 14, 2025 as the record date.

BEML Q3 Results

It reported a fall of 49.4% in its consolidated net profit to Rs 24.41 crore for Q3FY25 as against Rs 48.20 crore announced in the corresponding quarter of last year. The PSU’s revenue from operations declined by 16.4% YoY to Rs 875.77 crore for the quarter ended December 31, 2024. Total expense slipped 16.1% YoY to Rs 850.70 crore for Q3FY25. The profit before tax recorded at Rs 29.58 crore for the quarter under consideration, indicating a dip of 55.8% as compared to Rs 66.85 crore announced in the similar quarter of last year.

Should You Buy BEML Shares?

Leading brokerage firm Antique Stock Broking Limited recommended buy call with a target price of Rs 4,114 for the BSE 500 stock.

Disclaimer: The stock has been picked from the brokerage report of Antique Broking. Moneydaily.in, the author, and the respective brokerage house will not be held accountable for any losses caused as a result of decisions based on the article. Moneydaily.in advises readers to do their own research or consult a SEBI registered investment advisor before making any investment decisions.