India's BEML up on rise in fourth-quarter profit

BEML

23/05/2025 09:27

** Shares of engineering co BEML BEML.NS up 2.4% to 3,710 rupees

** Firm, which makes rail coaches and metro cars, reports 12% jump in Q4 profit, 9.2% climb in revenue

** BEML rose more than 4% post results, before trimming some gains

** Avg rating of four analysts is "strong buy" and median PT is 3,999.5 rupees, ~8% higher than current price - data compiled by LSEG

** BEML down ~9% YTD vs rival Jupiter Wagons' JUWL.NS ~20% fall

($1 = 85.3575 Indian rupees)

 (Reporting by Anuran Sadhu in Bengaluru)

 ((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))