• Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
Stock

BEML stock rallies 8%: what is driving Indian PSU near its 52-week high

by June 20, 2025
by June 20, 2025

BEML stock price rallied sharply on Friday as the overall market sentiment in India improved despite the persistence of geopolitical tensions around the Israel-Iran conflict.

At the time of writing, BEML stock was trading 8.2% higher at Rs 4,640 and is closing in near its 52-week high of Rs 5,488.

The company has made notable strides in both defense and rail projects and the stock seems to be riding strong on a combination of factors like robust quarterly results, a strong order book, and positive management guidance.

BEML continues to innovate with the development of advanced high-mobility vehicles tailored for strategic weapon systems, further strengthening its role as a critical supplier to India’s defense sector. 

What is driving BEML stock price?

The rally in the stock price came as BEML displayed some strong fundamentals and posted its highest-ever order book of Rs 14,610 crore for FY25.

The company reported its highest-ever profit before tax (PBT) of Rs 405.43 crore and witnessed a 12% jump in its Q4 FY25 profit after tax (PAT) which was recorded at Rs 287.55 crore.

In terms of revenue, BEML reported a healthy jump of 9%, which did well in terms of boosting investor confidence.

Amid recent geopolitical events, Dalal Street is expecting the Indian government to ramp up defence spending, which explains a wave of optimism around defense and infrastructure stocks like BEML.

This broader positive sentiment has helped lift BEML and other public sector undertakings (PSUs), especially as the company stands to benefit from new government contracts and defense procurement plans.

A number of brokerages raised their target prices for BEML, even though a few have issued downgrades after the recent rally. Analysts are particularly encouraged by BEML’s expanding pipeline of large-scale projects and its ability to execute them.

Risk and considerations

The strong rally in the BEML stock price is seen with the surge in wider defence sector stock across the Indian markets. The investors may reconsider once the global headwinds pass and things go back to normal.

In Indian markets, the defence stocks are almost at their all-time highs after New Delhi’s intense exchange with Pakistan during Operation Sindoor.

The market sentiment around Indian defence stocks is largely based on sustained earnings growth and order inflows, but it can quickly shift if investors get any wind around delays in project execution or a slowdown in government spending.

Meanwhile, Indian benchmark indices rebounded from the 3-day losing streak on Friday as both Sensex and Nifty traded in green throughout the day. Ahead of the closing bell, the Sensex was 1.05% up at 82,219.18 while the Nifty 50 crossed the 25,000-level resistance.

Investors remain on the edge as the Middle East conflict continues with Donald Trump still thinking about engaging the United States against Iran, while Europe moves towards mediating a ceasefire.

The post BEML stock rallies 8%: what is driving Indian PSU near its 52-week high appeared first on Invezz

0 comment
0
FacebookTwitterPinterestEmail

previous post
Semler Scientific wants to hold 105,000 Bitcoin by 2027
next post
Allianz share price analysis: is it a buy, sell, or hold?

Related Posts

Analysis: Crude prices under pressure as 2026 outlook...

October 6, 2025

Tata Capital eyes $15.7 billion valuation in India’s...

October 6, 2025

India may settle $22.5bn Vodafone dispute to cement...

October 6, 2025

Here’s why the Rolls-Royce share price is up...

October 6, 2025

Ardian buys Ireland’s Energia Group in €2.5bn deal...

October 6, 2025

Europe markets open: Stoxx 600 slips 0.1% as...

October 6, 2025

China Financial Leasing’s $11M plan signals Hong Kong’s...

October 6, 2025

Japanese stocks may extend record run as Takaichi...

October 5, 2025

Former Tesla exec sees continued growth for EVs;...

October 5, 2025

Weekly wrap: A US shutdown; a UK terror...

October 5, 2025

Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.

By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

Recent Posts

  • CommsCloud’s new SIMs make borderless African IoT logistics a reality

    October 6, 2025
  • Housing’s Deep Freeze: Existing Home Sales at 25-Year Lows

    October 6, 2025
  • Nigeria’s Shea Ban Backfires, Crushing Millions of Women Workers

    October 6, 2025
  • Analysis: Crude prices under pressure as 2026 outlook signals surplus

    October 6, 2025
  • Tata Capital eyes $15.7 billion valuation in India’s biggest IPO of 2025

    October 6, 2025
  • India may settle $22.5bn Vodafone dispute to cement UK ties

    October 6, 2025

Editors’ Picks

  • 1

    Meta executives eligible for 200% salary bonus under new pay structure

    February 21, 2025
  • 2

    Walmart earnings preview: What to expect before Thursday’s opening bell

    February 20, 2025
  • 3

    New FBI leader Kash Patel tapped to run ATF as acting director

    February 23, 2025
  • 4

    Cramer reveals a sub-sector of technology that can withstand Trump tariffs

    March 1, 2025
  • 5

    Anthropic’s newly released Claude 3.7 Sonnet can ‘think’ as long as the user wants before giving an answer

    February 25, 2025
  • 6

    Nvidia’s investment in SoundHound wasn’t all that significant after all

    March 1, 2025
  • 7

    Pop Mart reports 188% profit surge, plans aggressive global expansion

    March 26, 2025

Categories

  • Economy (2,791)
  • Editor's Pick (280)
  • Investing (185)
  • Stock (1,904)
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Read alsox

Wix stock price is overvalued ahead of...

May 19, 2025

“No chance” iPhones can be made in...

May 24, 2025

Scholastic share price plunge 13% after weak...

September 20, 2025