BEML surges on Rs 747-cr Delhi Metro order

The company said, this order will boost the present order book position of BEML to Rs 6,400 crore.

Image
SI Reporter Mumbai
Last Updated : Jul 19 2013 | 12:57 PM IST
BEML has surged 5% to Rs 181 on NSE after the state-owned company said it has received a new order worth of Rs 747 crore from Delhi Metro Rail Corporation Limited (DMRCL).

“The order is for manufacture and supply of 92 sets of standard gauge metro cars for the phase III, RS-9 project of DMRCL,” BEML said in a release.

This order will boost the present order book position of BEML to Rs 6,400 crore, it added.

The stock opened at Rs 176 and saw a combined around 80,000 shares changing hands on the counter in early morning deals on NSE and BSE.
 
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 19 2013 | 9:27 AM IST

Next Story