shares surged over 12% as Q4 net profit rose over 12% YoY to ₹287.5 crore. The company’s strong order book of ₹14,610 crore and margin expansion boosted investor confidence. BEML stock gained nearly 32% in May. Higher profitability was mainly due to healthy performance across segments and margin expansion due to improved cost controls. The total order book of the company stood at ₹14,610 crore at the end of the March quarter.

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