Mid Cap Miniratna Defence Stock Sets Record Date For Interim Dividend

Mid cap Public Sector Undertaking, BEML Ltd has fixed February 24, 2023 as the record date for interim dividend. The stock gave a return of 43% in last 3-years. The company has a market capitalisation of Rs 5,812.32 crore. Check details below:

1. BEML Ltd Sets Record Date For Interim Dividend

According to the regulatory filing of the company, "This is to inform that the declaration of interim dividend for the Financial Year 2022-23 on equity shares will also be considered by the board in addition to businesses informed earlier. Further, in terms of Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, the record date for interim dividend is fixed on 24.02.2023, if declared by the Board."

2. BEML Ltd Stock Performance

The last trading price of the stock is Rs 1395.70 apiece with an intraday gain of 1.90%. The stock's 52-week high is Rs 1659.00 apiece and 52-week low is Rs 922.74 apiece, respectively.

3. BEML Ltd Return

The shares of BEML declined 9% in last 3-months, 4% in last 6-months, 24% in last 1-year, and gave a return of 43% in last 3-years.

In last 5-years, the stock rallied 12%. The company for the quarter ended September 30, 2022 declared a consolidated total income of Rs 806.11 crore, up 20.33% from last quarter total income of Rs 669.94 crore.

4. BEML Ltd About

BEML Ltd is a renowned manufacturer of heavy earth moving equipment in Asia and an Indian Public Sector Company under the Ministry of Defence. It is a Mini Ratna Category - I Public Sector Enterprise operating in three distinct business verticals namely Mining & Construction Defence & Aerospace and Rail & Metro.

Disclaimer

The stock gives details pertaining to interim dividend and record date. Greynium Information Technologies and the author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.