The BEML share price is up 1% ahead of the board meeting on July 21 to consider a share split. The shares have run up 8% in 2025 so far on the back of a strong order book and export pipeline.
As per the latest filing on the exchange, the BEML board announced that “we hereby intimate that a board meeting will be held on July 21, inter alia, to: – Sub-division/split the equity shares of the company pursuant to the provisions of section 61(1)(d) of the Companies Act, 2013.”
BEML Dividend history
Another reason why investors will watch out for the stock split will be because of the impact that it may have on the overall dividend payout. The company has paid a dividend of over Rs 35 per share in the last 12 months, and the most recent dividend payout was in May, 2025. It has a dividend yield of 0.79% at the current market price and has so far announced 34 dividends since September 2003.
BEML: Export push
The company has been in focus on the back of order wins lately. BEML announced, on July 4, that it bagged two separate export orders. One order was from the Commonwealth of Independent States (CIS) region, for Heavy Duty Bulldozers. The second order is from Uzebekistan for a high-performance motor grader. As per the company, the total contract value is approximately $6.23 million.
BEML: Boost from higher defence spend
That apart, the company also got a boost from the recent defence procurement plans. The Indian Army issued a Request for Information (RFI) for 400 High Mobility Reconnaissance Vehicles (HMRVs). This contract is expected to follow a single-stage, two-bid system. Potential vendors are expected to offer at least 50% indigenous content, and BEML is seen as a potential beneficiary of this. This could be an opportunity for the company to boost its long-term order book.