India's BEML extends losing streak on Q3 profit slump
** Shares of India's BEML BEML.NS slide 3.2% to 3,278
rupees, extends losses to fifth straight session
** Heavy machinery maker's consol Q3 profit nearly halved,
rev from ops dropped 16% y/y
** Trading vols at ~429k shares vs 30-day avg of 248.6k
shares
** Stock has dropped ~20% so far in 2025
(Reporting by Hritam Mukherjee in Bengaluru)
((Hritam.Mukherjee@thomsonreuters.com;))
Recent news on BEML
See all newsBrief: Beml Receives Order Valued At 755.8 Million Rupees For Export And Maintenance
India's BEML gains after getting order worth 54 billion rupees
Brief: BEML Gets Order Worth 54 Billion Rupees
India's defence stocks jump after acquisition council clears $11.6 billion worth proposals
Brief: BEML Secures Additional Order For Vande Bharat Trainsets Valued At 1.81 Billion Rupees