100 Per Cent Multibagger Returns from 52-Week Low; Board Likely to Announce Bonus Shares & Stock Split
The shares of the company have a PE of 42x, an ROE of 20 per cent and an ROCE of 24 per cent.
A meeting of the Board of Directors of Bemco Hydraulics Ltd will be held on Monday, June 30, 2025, at 3:30 PM, at the company's registered office. The agenda includes significant discussions regarding the company's financial and structural future, specifically to consider potential additions, alterations, or modifications to the object clause of the Memorandum of Association, along with proposals for subdivision or split of equity shares and the issuance of bonus shares. The board will also address the alteration in Clause V of the Memorandum of Association concerning capital, review the Secretarial Audit Report for the fiscal year ended March 31, 2025 and approve the draft Board of Directors Report for the financial year 2024-2025.
On Tuesday, shares of Bemco Hydraulics Ltd hit a 2 per cent lower circuit to Rs 2,402.25 per share from its previous closing of Rs 2,355.15 per share. The stock’s 52-week high is Rs 2,713 per share and its 52-week low is Rs 1,170 per share.
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Bemco Hydraulics Ltd, established in 2001, is a specialised manufacturer of hydraulic and portable re-railing equipment. The company's diverse product portfolio includes various types of hydraulic presses such as C Frame/Throat Type Presses, Straightening Presses, Sheet Metal Forming Presses, Moulding Presses, Baling Presses and Hydraulic Wheel Fitting Presses. Furthermore, Bemco Hydraulics is well-known for its re-railing equipment, which encompasses Wheel Press-Single Cylinder, Wheel Press-Double Cylinder, Wheel Skate Trolley, Spring Scragging Machines, Spring Preload Testing Machines and RCC Underpass Bridge Shifting equipment, all designed for efficient re-railing of cars and locomotives.
The company has a market cap of Rs 525.30 crore. The shares of the company have a PE of 42x, an ROE of 20 per cent and an ROCE of 24 per cent. The stock has given multibagger returns of over 100 per cent from its 52-week low is Rs 1,170 per share.
Disclaimer: The article is for informational purposes only and not investment advice.