- Capital Expenditure Approval: BMW Industries approved a capital expenditure (capex) of Rs 803.47 crore for setting up a green-field downstream steel complex in Jharkhand.
- Stock Surge: BMW Industries’ shares rose nearly 9% on Thursday, with a peak intraday gain of 8.77% to reach Rs 48 per share, marking the biggest gain since February 5, 2025.
- Current Stock Price: The stock pared some gains, trading 5.91% higher at Rs 46.7 per share, compared to a 0.64% rise in the BSE Sensex as of 11:54 AM.
- Stock Performance: BMW Industries’ stock has gained nearly 18% over the last four sessions, despite a 13% decline so far this year, while the benchmark Nifty 50 has fallen by 2.7%.
- Market Capitalization: The company’s market capitalization stands at Rs 1,047.7 crore, according to BSE data.
