April, 05 2026 Sunday 00:02 Hrs
Last update 11-9-2025
  • SENSEX :   73,319.55

  • Commodity broking firm in India185.23( 0.25%) 02-Apr-2026
top-arrow-market
Sensex 73319.55 185.23  (0.25) 02-Apr-2026
Previous Day Close
73134.32
Today's High/Low
High Low
  •  
  •  
73568.54 71545.81

Hot Pursuit - Detailed News

BMW Ventures gains on bagging Rs 16-cr domestic steel structures order
10-Mar-26   14:12 Hrs IST

The company did not disclose the name of the customer citing confidentiality.

The order will be executed within nine months from the date of the purchase order. As per the payment terms, 50% will be paid as an advance on fabrication cost, 40% before dispatch, and the remaining 10% after erection of the dispatched structures.

The company clarified that the promoter or promoter group has no interest in the awarding entity, and the transaction does not fall under related party transactions.

BMW Ventures is primarily engaged in the trading and distribution of steel products, tractor engines and spare parts, manufacturing of PVC pipes and roll forming, and the fabrication of pre-engineered buildings (PEB) and steel girders.

The company's standalone net profit rose 44.8% to Rs 11.50 crore on a 16.1% rise in revenue from operations to Rs 563.17 crore in Q3 FY26 over Q3 FY25.

As on 10th March 2026, the company's market capitalization stood at Rs 505.03 crore on the BSE.

Powered by Capital Market - Live News

Top
Attention Investor:
Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers/Depository Participant.     KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, ,Mutual ).    No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.