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13h ago

BEML Trades Ex-Split as Share Price Halves in Line With 1:2 Stock Split

Executed under government guidance, the two-for-one split is intended to widen retail access without changing investors' total value.

Ahead of the stock split, BEML shares closed at Rs 4,391 apiece on NSE, own 1.01 per cent. Over the past two years, it is up 336 per cent; over three years, 458 per cent; and over five years, 1,615 per cent.

Overview

  • After the adjustment, the stock traded near Rs 2,164–2,193 on Monday morning, with Bloomberg-tracked coverage showing three buy ratings and one hold.
  • The subdivision reduces the face value from Rs 10 to Rs 5 and doubles the share count, leaving market capitalisation and paid-up capital unchanged.
  • Issued equity will rise from 4,16,44,500 to 8,32,89,000 shares, and authorised capital is restated as 20,00,00,000 shares of Rs 5 within a total of Rs 100,00,00,000.
  • Under India’s T+1 settlement, shareholders needed to hold the stock before the Nov. 3 record date to be eligible, as same-day purchases do not qualify.
  • Company filings cite compliance with DIPAM capital-restructuring guidance and liquidity goals, and reports note some platforms may briefly display unadjusted prices.