Bharat Earth Movers Limited (BEML), a Public Sector Undertaking (PSU) headquartered in Karnataka, India, has declared a second interim dividend of ₹15 per share for FY25. The record date is set for 15 May 2025. Despite recent stock dips, BEML has delivered strong long-term returns.
Bharat Earth Movers Limited (BEML), a state-run enterprise under the Ministry of Defence and headquartered in Bengaluru, Karnataka, has declared a second interim dividend of ₹15 per share for the financial year 2024–25. The announcement was made during the company’s 411th board meeting held on 09 May 2025.
The dividend, amounting to 150% of the paid-up share capital, is payable to eligible shareholders with the record date fixed as 15 May 2025. This comes after an earlier interim dividend of ₹5 declared on 14 February 2025.
BEML manufactures railway rolling stock, defence equipment, and heavy earth-moving machinery. It is a key supplier to Indian Railways, Defence, and infrastructure sectors.
Following the announcement, BEML’s share price rose by nearly 2% to ₹3,071.45 on the Bombay Stock Exchange. However, the stock is still down by 26% YTD and has declined 27% in the last six months. Over the past year, BEML shares are down 4%, but they have delivered robust long-term returns, gaining 117% in two years and over 550% in the last five years.
At 1:55 PM on 09 May, BEML shares were trading at ₹3,055.95, up 1.40% from the previous close.
