BMW Industries is currently trading at RS 47.69, up by 2.66 points or 5.91% from its previous closing of RS 45.03 on the BSE.
The stock opened at RS 46.90 and reached a high of RS 49.51 and a low of RS 46.20 during the session. A total of 6,42,530 shares have been traded so far.
In the past 52 weeks, the stock has hit a high of RS 79.05 on August 2, 2024, and a low of RS 39.36 on March 13, 2025. Over the last week, the stock traded between RS 49.51 and RS 42.42. The company's market capitalization stands at RS 1,073.66 crore.
The promoter holding in BMW Industries is 74.36%, while non-institutional investors hold 25.64% of the shares.
In a significant development, BMW Industries has signed a Memorandum of Understanding (MoU) with the Ministry of Steel under the Production Linked Incentive (PLI) Scheme 1.1 for Specialty Steel. As a qualified beneficiary of the scheme, the company will manufacture ‘coated/plated steel products of metallic/non-metallic alloy’ and ‘Al-Zn Coated (Galvalume)’ products at its upcoming greenfield downstream steel complex in Bokaro, Jharkhand.
BMW Industries specializes in manufacturing, processing, and selling steel products, including engineering and related services.