BEML dropped 3.32% to Rs 704 at 12:20 IST on BSE after the company reported net loss of Rs 55.14 crore in Q2 September 2014, higher than net loss of Rs 38.88 crore in Q2 September 2013.
The result was announced after market hours on Friday, 14 November 2014.
Meanwhile, the S&P BSE Sensex was down 99.59 points or 0.36% at 27,947.07.
On BSE, so far 82,255 shares were traded in the counter as against average daily volume of 79,630 shares in the past one quarter.
The stock hit a high of Rs 712.40 and a low of Rs 678.25 so far during the day. The stock had hit a 52-week high of Rs 877.50 on 25 June 2014. The stock had hit a 52-week low of Rs 178 on 22 November 2013.
The mid-cap firm has an equity capital of Rs 41.64 crore. Face value per share is Rs 10.
BEML's total income fell 39.48% to Rs 458.78 crore in Q2 September 2014 over Q2 September 2013.
The Government of India holds 54.03% stake in the firm as at 30 September 2014.
BEML was established in May 1964 as a Public Sector Undertaking for manufacture of rail coaches & spare parts and mining equipment.
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