BEML advanced 3.26% to Rs 598.20 after the company bagged an order worth Rs 398 crore from Coal India.
BEML on Saturday (25 April 2020) has bagged orders worth Rs 398 crore (inclusive of taxes) from Coal India (CIL), for supply of 7 units of 150-T Dumpers and 8 Nos of 190-T Dumpers under trial cum sale along with 8 years spare parts contract on 24 April 2020.
State-run BEML operates in three verticals viz. defence & aerospace, mining & construction and rail & metro. As on 31 December 2019, the Government of India held 54.03% stake in the company.
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