BMW Ventures Bags Rs 25 Cr Tata Projects Orders for TMT Steel
By ThePip Desk
BMW Ventures secures two purchase orders worth Rs 24.98 crore from Tata Projects for TMT Steel, boosting its stock and marking a significant business win.
BMW Ventures has secured two purchase orders from Tata Projects, totaling Rs 24.98 crore, for the supply of TMT Steel FE-550D Grade. The announcement comes as the stock trades at Rs. 57.00, marking a 0.12% increase on the BSE.
Market Snapshot: BMW Ventures
- Current Trade: Rs. 57.00
- Change: Up 0.07 points (0.12%)
- Previous Close: Rs. 56.93
- Opening Price: Rs. 57.15
- Day’s High: Rs. 57.60
- Day’s Low: Rs. 56.74
- Shares Traded: 128
These significant orders from Tata Projects are designated for the USCTPP-ADANI Project, specifically for 3X800MW. BMW Ventures anticipates completing the execution and delivery of these orders within 8 weeks from the purchase order dates.
The company’s current market capitalization stands at Rs. 495.14 crore. Over the past year, BMW Ventures reached a 52-week high of Rs. 80.00 on October 1, 2025, while its 52-week low was Rs. 48.05 on March 30, 2026.
Shareholding Breakdown
- Promoters: 73.02%
- Institutions: 1.17%
- Non-Institutions: 25.81%
BMW Ventures operates across various segments, including the trading and distribution of steel products, tractor engines, and their spare parts. Additionally, the company is involved in the manufacturing of PVC pipes and the roll-forming of GP sheets under its Blue Diamond brand.