Hot Pursuit     28-Nov-24
BEML rises on bagging Rs 3,658 -cr contract
BEML advanced 2.58% to Rs 4,296.05 after the company announced that it has secured a contract worth Rs 3,658 crore from Chennai Metro Rail.
The project involves the design, manufacture, supply, testing, commissioning, personnel training, and a 15-year maintenance contract for standard gauge metro rolling stock (Electrical Multiple Units) and depot machinery & plant valued at around Rs 3,658 crore.

BEML is a multi-technology schedule 'A' company under the Ministry of Defence. It operates under three major business verticals: defense & aerospace, mining & construction, and rail & metro. As of 30 September 2024, the Government of India held a 54.03% stake in BEML.

The company's consolidated net profit declined 1.47% to Rs 51.03 crore on a 6.21% fall in sales to Rs 859.84 crore in Q2 FY25 as compared with Q2 FY24.

Previous News
  BEML gains on bagging Rs 136-cr contract form Ministry of Defence
 ( Hot Pursuit - 11-Dec-24   10:40 )
  BEML secures order of Rs 136 cr from Ministry of Defence
 ( Corporate News - 11-Dec-24   10:15 )
  Stock Alert: NTPC Green Energy, BEML, Hinduja Global Solutions, Reliance Infra
 ( Market Commentary - Stock Alert 11-Dec-24   08:34 )
  BEML wins order of Rs 83.51 cr from Ministry of Defence
 ( Corporate News - 10-Dec-24   18:35 )
  BEML rises on bagging Rs 3,658 -cr contract
 ( Hot Pursuit - 28-Nov-24   12:05 )
  BEML secures 15-year contract worth Rs 2501 cr from Chennai Metro Rail
 ( Corporate News - 28-Nov-24   09:53 )
  Nifty slides below 23,350; PSU bank shares underpressure
 ( Market Commentary - Mid-Session 21-Nov-24   10:33 )
  BEML bags contract worth Rs 246.78 crore from Central Coalfields
 ( Hot Pursuit - 21-Nov-24   09:32 )
  BEML wins order worth Rs 246.78 cr from Central Coalfields
 ( Corporate News - 21-Nov-24   09:20 )
  BEML consolidated net profit declines 1.47% in the September 2024 quarter
 ( Results - Announcements 11-Nov-24   15:40 )
  BEML to discuss results
 ( Corporate News - 02-Nov-24   13:52 )
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