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BEML gains on launching new Hydraulic Excavator model ‘BE210LC’

BEML is currently trading at Rs. 992.60, up by 7.50 points or 0.76% from its previous closing of Rs. 985.10 on the BSE.

The scrip opened at Rs. 991.95 and has touched a high and low of Rs. 995.00 and Rs. 987.70 respectively. So far 1045 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 1108.20 on 30-Oct-2019 and a 52 week low of Rs. 644.00 on 23-Aug-2019.

Last one week high and low of the scrip stood at Rs. 1035.50 and Rs. 976.45 respectively. The current market cap of the company is Rs. 4102.40 crore.

The promoters holding in the company stood at 54.03%, while Institutions and Non-Institutions held 29.67% and 16.31% respectively.

BEML has launched and showcased new Hydraulic Excavator model ‘BE210LC’ at EXCON Exhibition 2019 in Bengaluru. The Hydraulic Excavator model ‘BE210LC’ is designed for maximum utilization, best-in-class fuel efficient and ergonomically designed cabin which adds to maximum work performance. Its operating mass is 21,000 kg with a bucket capacity of about 1.0 cu.m.

This Excavator is best suited for various construction and infrastructure excavation activities and has standard mode for normal working conditions and ‘H’ mode for Heavy Duty applications.

BEML a leading mining and construction equipment manufacturer has designed and developed indigenously over 40 products through its R&D, and are not only working in India but also in 65 countries around the world.

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