State-owned BEML on Friday announced it has bagged a government order worth Rs 185.65 crore for supply of 79 units of bulldozers. The company has bagged the order from the Ministry of Defence (MoD), BEML said in an exchange filing. "BEML Ltd secures MoD order worth Rs 185.65 crore for the supply of 79 units of its flagship Power Angling & Tilting (PAT) bulldozers," it said. The new order follows the company's successful execution of an earlier contract for 66 bulldozers, all of which were delivered well within the stipulated timeline. "This order reinforces our steadfast commitment to the Government of India's 'Make in India' initiative and our resolve to equip the nation's armed forces with reliable, high-quality, and indigenously developed solutions," Shantanu Roy, Chairman & Managing Director of BEML Ltd, said. BEML, under the administrative control of the Ministry of Defence, operates in three verticals - construction and mining, rail and metro, and defence and aerospace.
BEML share price popped after the company announced that it will consider sub-division / split of equity shares (stock-split) on July 21, 2025.
At 01:44 PM; the Nifty India Defence index was the top loser among sectoral indices, down 2.3 per cent, as compared to 0.41 per cent decline in the Nifty 50.
State-owned BEML on Friday said it has secured two export orders worth USD 6.23 million for supply of heavy-duty bulldozers and motor graders to Russia and Uzbekistan. The company has secured two distinct orders, including one from a CIS nation for the supply of 10 units of its heavy-duty bulldozers, specially engineered to perform in extreme cold climates with temperatures plunging as low as -50C. The second, maiden-order from Uzbekistan, includes the supply of one unit of the high-performance motor grader, essential for infrastructure development and road maintenance within mining operations. With Uzbekistan becoming the 73rd nation to be added to BEML's global exports portfolio, this development reinforces the company's expanding international reach and its credibility as a preferred partner for advanced, mission-critical equipment. The latest order strengthens BEML's presence in the resource-rich Russian and CIS mining markets, known for their complex terrain and high demand fo
The sharp rally in defence stocks came after the Defence Acquisition Council (DAC), headed by Defence Minister Rajnath Singh, approved 10 major capital acquisition proposals on Thursday.