BEML Share Price Jumps Nearly 3% After Securing Defence Order Worth ₹293.82 Crore

Market Performance

BEML share price saw a strong upward movement in early trade on July 24, gaining traction after news of a significant defence order.

• Opening Price (July 24): ₹4,401.05
• Day’s Gain: ₹114.95
• Percentage Rise: 2.68%
• 52-Week High: ₹4,874.85 (as on June 23, 2025)
• 52-Week Low: ₹2,346.35 (as on March 3, 2025)
• Current Distance from 52-Week High: 9.72% lower
• Current Distance from 52-Week Low: 87.57% higher
• Market Capitalisation: ₹18,327.95 crore

Main News

The BEML share price surged after the company announced a major order win from the Ministry of Defence. The fresh contract is valued at approximately ₹293.82 crore, boosting investor sentiment and pushing the stock higher in early trade.

According to the official release, the order pertains to the supply of HMV 6X6 vehicles. This deal further strengthens BEML’s footprint in the defence vehicle segment.

This is the second major defence order for BEML in recent weeks. On July 18, the company also secured an order worth ₹185.65 crore from the Ministry of Defence (E-in-C) for the supply of bulldozers.

Company Details

BEML Limited, a key player in the defence and heavy equipment manufacturing sector, continues to solidify its presence with consistent order inflows. The company operates across multiple verticals including defence, rail, and mining.

In a strategic decision to enhance shareholder value and improve stock liquidity, the BEML board approved a stock split on July 21. The sub-division entails splitting one fully paid-up equity share with a face value of ₹10 into two fully paid-up equity shares with a face value of ₹5 each.

This corporate action is aimed at making the stock more affordable and increasing participation from a wider base of investors.

Summary

• BEML share price jumped 2.68% after a ₹293.82 crore order from the Ministry of Defence.
• The contract is for the supply of HMV 6X6 vehicles.
• The company had earlier secured a ₹185.65 crore bulldozer order on July 18.
• Stock split approved by the board: 1:2 ratio (₹10 to ₹5 face value).
• BEML stock remains nearly 88% above its 52-week low.

The recent defence orders and corporate actions have significantly influenced the BEML share price, reflecting investor confidence and positive momentum in the company’s business outlook.