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BEML Shares Fall 10% After Q3 Net Loss Despite Interim Dividend

BEML shares slid 10% after the company reported a ₹22 crore net loss in Q3.
BEML shares fell about 10 percent after the company reported a net loss of ₹22 crore in the December quarter, disappointing investors. Higher costs and revenue pressure hurt profitability. Despite weak results, the defence and rail equipment maker announced an interim dividend. However, markets focused on earnings concerns, triggering selling pressure and cautious sentiment among retail and institutional investors during trading hours across domestic exchanges.