BEML share price, Nov. 13 -- Shares of BEML Limited, ended 1.23% lower on Friday, after seeing sharp surge over the past five trading sessions. The defence PSU reported a 30.5% annual surge in its consolidated net profit during the first quarter of financial year 2026-27.

Despite Friday's decline, BEML share price ended the week with 7.64% gain. The PSU's surge in revenue and profit was supported by improved execution, however, higher cost of revenues weighed on profitability, according to ICICI Securities report, which sees up to 39% upside potential in BEML share price.

BEML is transitioning towards a rail and metro-led growth profile. Hence its growth is likely to be supported by a strong order pipeline across metro rolling stock, co...