Mumbai, July 24 -- The stock had declined 7.22% in last six sessions to close at Rs 4,285.70 on the BSE yesterday, down from its recent closing high of Rs 4,619 that was recorded on 15 July 2025.

On the weekly chart, the stock is on a three-week losing streak. It is down 1.87% so far this week, after declining 0.62% in the week ended 13 July and 2.12% in the week ended 6 July.

On the monthly chart, BEML has reversed its upward trend and is currently down 3.09% in July 2025, indicating sustained selling pressure. This marks a sharp contrast to the 5.37% gain in June and the strong 33.69% rally in May.

From a technical standpoint, the stock's Relative Strength Index (RSI-14) currently stands at 45.67, suggesting neither overbought nor ov...