BEML Ltd News

BEML shares jump 6% on signing MoUs with Siemens and Dragflow S.R.L

Under the contract, BEML and Siemens will explore opportunities related to a few railway segments

Can smallcap stocks crash trigger a capitulation phase? What analysts say

Nearly 60% of the SmallCap stocks registered a sharper loss compared to the Nifty SmallCap 100 and SmallCap 250 indices, which were down around 24% each from their respective peaks.

Railway stocks: Titagarh Wagons, RVNL, others gain up to 7% ahead of Budget

Jupiter Wagons, Titagarh Wagons, BEML, RITES, Rail Vikas Nigam, IRCON International, IRFC, Texmaco Rail, RateGain Travel and RailTel Corporation are up in the range of 3% to 7% in intraday trade.

Defence stocks: GRSE, BDL, BEL, HAL surge up to 9% day ahead of Budget 2025

Shares of BEL, for instance, soared 5 per cent to Rs 292.10 on the back of two-fold jump in average trading volumes after the company reported a healthy December 2024 quarter

BEML share price rises 4% on securing Rs 136 cr-order from Defence Ministry

The uptick in BEML share price came after the company announced that it has bagged an order worth Rs 136 crore from Defence Ministry for High Mobility Vehicles 8x8

GRSE, BEML, BDL gain up to 6% as DAC clears Rs 21,772 cr defence proposals

The Defence Acquisition Council (DAC) accorded Acceptance of Necessity for five capital acquisition proposals worth over Rs 21,772 crore.

BEML share price rises 4% on Rs 3,658 cr-order win from Chennai Metro Rail

The uptick in BEML share price came after the company announced that it has bagged an order worth Rs 3,658 crore, from Chennai Metro Rail Limited

Defence shares extend rally after NDA alliance victory in Maha; GRSE up 10%

GRSE, Cochin Shipyard, BDL, BEML, MDL, MIDHANI, BEL and HAL are up in the range of 3% to 10% on the BSE in Tuesday's intra-day trade in otherwise subdued market.

BEML gets Rs 246.78 cr truck supply order from Central Coalfields

State-owned BEML on Thursday said it has secured an order worth Rs 246.78 crore from Central Coalfields Ltd (CCL) for the supply of rear dump trucks which are used in mining operations. As part of the order, BEML said it will supply 48 BH60M rear dump trucks, along with spares, and also provide after-sales service support. "BEML has secured a substantial order worth Rs 246.78 crore from Central Coalfields Limited (CCL)," it said. The trucks have been developed in-house with features like a 360-degree rear camera for comprehensive visibility and improved safety, an automatic fire suppression system for emergency preparedness, and an auto lube system to ensure seamless maintenance, BEML said in a statement. BEML CMD Shantanu Roy said, "This partnership further strengthens our resolve to contribute to India's growth by supporting critical sectors like mining with sustainable and advanced technologies, aligning with the nation's vision of self-reliance and global leadership in industr

BEML Q2 result: Profit falls slightly by 1.9% to Rs 51 cr as demand weakens

India's BEML reported a 1.5% fall in its second-quarter profit on Monday, hurt by lower demand for its heavy machinery and equipment as manufacturing activity dipped.

BEML aims for Rs 900 cr capex till FY25, re-enters building equipment space

BEML has outlined a capital expenditure of Rs 900 crore till FY'25 and re-entered the construction equipment market after a hiatus of nearly five years, aiming to capitalise on the Rs 45,000 crore market opportunity. The company, formerly Bharat Earth Movers Limited, recently underwent a significant business restructuring, establishing 11 strategic business units (SBUs) and two micro business units to drive sustainable long-term growth. As part of this restructuring, we have re-entered the construction equipment business, focusing on higher capacity products to tap into the massive Rs 45,000 crore market, Shantanu Roy, Chairman and Managing Director of BEML, told reporters on the sidelines of the 17th Global Mining Summit organised by the CII. BEML's earlier exit from the construction equipment space was due to intense competition from imported products. Roy, however, explained that the company is now targeting higher-capacity equipment, such as 20-30 tonne excavators and dumpers,

Jigar S Patel of Anand Rathi recommends buying these three stocks on Oct 21

BEML Ltd. has recently formed a triple bottom pattern near its 200-day Exponential Moving Average (DEMA), indicating strong support at this level

BEML climbs 8% on Rs 866-cr deal to build two high-speed train sets

Under the project, BEML will design, manufacture and commission two high-speed train sets with a test speed of 280 kmph

BEML wins Rs 866.87 crore contract to build 'Made in India' bullet trains

BEML's Bengaluru factory will make the train sets for delivery by the end of 2026