BEML Ltd Experiences Notable Trend Reversal Amid Broader Market Recovery

Mar 27 2025 02:45 PM IST
share
Share Via
BEML Ltd experienced a notable rebound today, reversing two days of decline with significant intraday volatility. The stock is currently above its short-term moving averages but below longer-term ones. Meanwhile, the broader engineering sector and Sensex have shown positive movements, contrasting with BEML's year-to-date decline.
BEML Ltd, a midcap player in the engineering and industrial equipment sector, has shown significant activity today, gaining 8.04% as of March 27, 2025. This performance marks a notable trend reversal after two consecutive days of decline. The stock reached an intraday high of Rs 2959.9, reflecting a 7.48% increase at its peak.

BEML's volatility has been pronounced, with an intraday volatility of 6.22%, indicating fluctuating trading conditions. In terms of moving averages, the stock is currently above its 5-day and 20-day averages but remains below the 50-day, 100-day, and 200-day moving averages.

In the broader market context, the engineering and industrial equipment sector has gained 2.01%, while the Sensex has rebounded sharply after a negative opening, currently trading at 77,653.17, up 0.47%. Over the past three weeks, the Sensex has risen by 6.09%. Despite BEML's recent gains, its longer-term performance shows a decline of 27.00% year-to-date and 6.91% over the past year, contrasting with the Sensex's positive trajectory.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read