BEML rises on signing contract with Coal India
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BEML is currently trading at Rs. 1848.50, up by 26.35 points or 1.45% from its previous closing of Rs. 1822.15 on the BSE.
The scrip opened at Rs. 1830.00 and has touched a high and low of Rs. 1867.35 and Rs. 1830.00 respectively. So far 1509 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2084.00 on 07-Dec-2021 and a 52 week low of Rs. 1120.00 on 23-Apr-2021.
Last one week high and low of the scrip stood at Rs. 1931.90 and Rs. 1777.00 respectively. The current market cap of the company is Rs. 7693.40 crore.
The promoters holding in the company stood at 54.03%, while Institutions and Non-Institutions held 25.23% and 20.75% respectively.
BEML has signed the prestigious contract with Coal India (CIL) on April 18,2022 for supply of 01 number 20 CuM Rope Shovel valuing Rs 118 crore. This being indigenously developed for the first time under Atmanirbhar Bharat by BEML.
BEML a leading mining and construction equipment manufacturer has designed and developed indigenously over 40 products through its R&D, and are not only working in India but also in 65 countries around the world.
