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New Delhi: BEML (formerly Bharat Earth Movers Limited) has announced that it is considering a stock split. In this matter, the board of the company is set to meet on July 21st, 2025. This is set to be the first stock split of BEML Limited. The tentative meeting will decide upon the matter.
In an official statement, the company has briefed about the stock split. The split decision will be taken under Section 61(1)(d) of the Companies Act of 2013. The company also said that the trading window will be closed for 48 hours after the announcement of financial results. The date of financial results will be announced later.
A stock split means that the company is dividing its shares into smaller parts. This reduces the price of the share so that more people could buy it, thereby increasing the liquidity of the share while simultaneously decreasing the price of the share, making it affordable. Also, buying and selling of shares becomes easier, and their availability in the market increases.
The share price of the company closed at Rs 4428.90 on Friday, July 11th, 2025. The price-to-earnings ratio (P/E ratio) of the stock stands at 63. The shares have given a negative return of 13.43 percent in the last year, meaning an investment of Rs 1 lakh has come down to Rs 86,570. But the performance has been good in the long term. In three years, the shares have given a return of 300.64 percent, and in five years, the company has given a whopping return of 733.22 percent. The market cap (M-Cap) of the company stands at Rs 18,444 crore.
State-owned Miniratna company BEML Limited (formerly Bharat Earth Movers Limited) was established in Bengaluru in 1964. This company initially manufactured rail coaches, their parts, and mining equipment. The company features in the BSE 500 index. The expected move of BEML is good news for investors. The stock split will reduce the share price so that even small investors will be able to buy it, which will naturally increase the interest and transactions in the company's shares.
(Disclaimer: (Disclaimer: This article is only meant to provide information. TV9 Network does not recommend buying or selling shares or subscriptions of any IPO, Mutual Funds and crypto assets.))
