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Railway stocks rally: RVNL, IRFC, BEML gain up to 11%; Here's why

The surge was led by names like Titagarh Rail, RVNL, IRFC, and BEML. Titagarh Rail Systems emerged as the top gainer, jumping 10.72 per cent to close at ₹895.85, followed by RVNL, which climbed 10.45

Railway stocks rally: RVNL, IRFC, BEML gain up to 11%; Here's why
Updated On : 16 May 2025 | 12:26 PM IST

City Union Bank, BEML shares flash 'Buy' signal; check target price, upside

Vinay Rajani of HDFC Securities picks two stocks to buy today, and shares Nifty outlook in near-term

City Union Bank, BEML shares flash 'Buy' signal; check target price, upside
Updated On : 14 May 2025 | 7:51 AM IST

Why are investors buying BEML shares today? Stock rises 5% in trade

BEML share price: In the past one year, BEML shares have lost around 17 per cent as against Sensex's rise of 9 per cent

Why are investors buying BEML shares today? Stock rises 5% in trade
Updated On : 12 May 2025 | 1:54 PM IST

BEML hands over India's largest electric rope shovel to Coal India

State-owned BEML on Tuesday announced the official handover of an indigenously developed electric rope shovel to mining giant Coal India. The mining equipment was formally handed over to Northern Coalfields CMD B Sairam in the presence of Coal India CMD PM Prasad and BEML CMD Shantanu Roy, the company said in a statement. "In a major leap for India's mining sector and a powerful stride towards the government's Aatmanirbhar Bharat mission, BEML Ltd has launched the country's biggest indigenously designed and developed electric rope shovel -- BRS21," it said. The BRS21 is a high-capacity, electric rope shovel purpose-built for large-scale overburden removal in open cast mining operations. With an operating weight of 720 tonnes and a 21 cubic metre bottom dump bucket, it ranks among the most capable shovels globally. "The successful development of this colossal mining equipment by BEML in just 24 months speaks volumes of our engineering strength and collective resolve. It's not just

BEML hands over India's largest electric rope shovel to Coal India
Updated On : 29 Apr 2025 | 4:51 PM IST

BEML announces launch of indigenously designed Motor Grader BG 1205

BEML Ltd, one of India's leading mining and construction equipment manufacturers, on Saturday announced the launch of its indigenously designed and developed Motor Grader BG 1205 at its Mysuru complex. This the company said is a significant milestone that underscores BEML's unwavering commitment to self-reliance and aligns seamlessly with the Government of India's Atmanirbhar Bharat vision. "Equipped with an impressive 24-foot blade, the BG 1205 has been meticulously crafted to meet the evolving demands of the mining sector. Designed especially for high-intensity operations in regions such as SECL Bilaspur and Northern Coalfields Limited (NCL) in Singrauli, this state-of-the-art equipment is tailored to support the increasing need for efficient road-laying machinery capable of handling high-capacity dumpers," the BEML Ltd said, in a statement. With a focus on superior performance, the BG 1205 is set to enhance productivity, ensure operational efficiency, and contribute significantly

BEML announces launch of indigenously designed Motor Grader BG 1205
Updated On : 05 Apr 2025 | 5:41 PM IST

BEML share soars 22% in 2 days on winning contract of ₹405 crore from BMRCL

Analysts expect rail & metro (R&M) to pick up momentum in FY26, given the pipeline for Mumbai Metro 4, 5 & 6 lines and Bhubaneshwar Metro projects.

BEML share soars 22% in 2 days on winning contract of ₹405 crore from BMRCL
Updated On : 28 Mar 2025 | 10:38 AM IST

BEML, HAL, BEL and other defence stocks rally up to 5%; Why the optimism?

The Centre approved faster defence procurement guidelines along with granting preliminary approvals for military procurement proposals worth over ₹54,000 crore

BEML, HAL, BEL and other defence stocks rally up to 5%; Why the optimism?
Updated On : 21 Mar 2025 | 11:44 AM IST

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

BEML shares jump 6% on signing MoUs with Siemens and Dragflow S.R.L
Updated On : 13 Mar 2025 | 12:36 PM IST

NHPC, BEML partner to develop desilting solutions for hydro plants

NHPC on Monday announced a partnership with BEML to jointly explore opportunities for development of desilting and dredging solutions for hydro power plants. Besides, the solutions would help mitigate urban waterlogging during monsoons by swiftly clearing canals and culverts, support dredging and desilting operations in inland waterways, coastal areas, ponds, and lakes, NHPC said in a statement. NHPC and BEML have signed a Memorandum of Understanding (MoU) that aims to establish strategic cooperation for the development of advanced desilting and dredging solutions tailored for hydroelectric plants, it said. Upon successful implementation in pilot projects, the solutions are expected to be replicated across other hydro power plants, further strengthening India's renewable energy infrastructure, NHPC said. NHPC chairman and managing director R K Chaudhary said, "Together, we aim to enhance power generation efficiency, reduce maintenance costs, and support India's ambitious renewable

NHPC, BEML partner to develop desilting solutions for hydro plants
Updated On : 16 Dec 2024 | 7:13 PM IST

BEML wins Rs 136 cr defence ministry contract for high mobility vehicles

State-owned BEML Ltd on Wednesday said it has secured a Rs 136-crore contract for the supply of indigenously designed High Mobility Vehicles (HMV) 8x8. These vehicles will play a pivotal role in the Battle Field Surveillance System (BFSS) project, reinforcing India's defence capabilities and advancing the government's vision of Atmanirbhar Bharat, the PSU under the Ministry of Defence said. Manufactured at BEML's facilities, the HMV 8x8 is designed to deliver exceptional reliability and versatility, even in the most challenging environments. Key features of these vehicles include an independent suspension system, a high-power air-cooled engine, a central tyre inflation system, an anti-lock braking system and a backbone tube chassis design. BEML said these features ensure superior mobility, stability and operational safety. The vehicles are capable of operating in extreme climates, from -20 degrees Celsius to +55 degrees Celsius, and at altitudes of up to 5,000 metres above sea ...

BEML wins Rs 136 cr defence ministry contract for high mobility vehicles
Updated On : 11 Dec 2024 | 3:54 PM IST

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

BEML share price rises 4% on securing Rs 136 cr-order from Defence Ministry
Updated On : 11 Dec 2024 | 12:10 PM IST

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.

GRSE, BEML, BDL gain up to 6% as DAC clears Rs 21,772 cr defence proposals
Updated On : 04 Dec 2024 | 10:11 AM IST

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

BEML share price rises 4% on Rs 3,658 cr-order win from Chennai Metro Rail
Updated On : 28 Nov 2024 | 11:38 AM IST

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 gets Rs 246.78 cr truck supply order from Central Coalfields
Updated On : 21 Nov 2024 | 3:04 PM IST

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 Q2 result: Profit falls slightly by 1.9% to Rs 51 cr as demand weakens
Updated On : 11 Nov 2024 | 3:10 PM IST

Chinese imports hit Indian construction equipment manufacturing sector

Tata Hitachi, a joint venture between Japan's Hitachi Construction Machinery Company and Tata Motors, has lost market share in recent years. One reason was the influx of Chinese imports

Chinese imports hit Indian construction equipment manufacturing sector
Updated On : 23 Oct 2024 | 8:38 PM IST

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,

BEML aims for Rs 900 cr capex till FY25, re-enters building equipment space
Updated On : 23 Oct 2024 | 7:31 PM IST

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 climbs 8% on Rs 866-cr deal to build two high-speed train sets
Updated On : 16 Oct 2024 | 12:01 PM IST

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

BEML wins Rs 866.87 crore contract to build 'Made in India' bullet trains
Updated On : 16 Oct 2024 | 11:29 AM IST

BEML stock price rallies 4% on inking multiple deals; up 27% in 6 months

The rise in the BEML stock came after the company announced that it has inked multiple deals.

BEML stock price rallies 4% on inking multiple deals; up 27% in 6 months
Updated On : 22 Aug 2024 | 11:21 AM IST