BEML shines on getting LoA worth Rs 675 crore
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BEML is currently trading at Rs. 1437.25, up by 59.15 points or 4.29% from its previous closing of Rs. 1378.10 on the BSE.
The scrip opened at Rs. 1387.75 and has touched a high and low of Rs. 1444.40 and Rs. 1366.50 respectively. So far 24717 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1,659.00 on 12-Nov-2022 and a 52 week low of Rs. 1106.40 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 1445.00 and Rs. 1365.00 respectively. The current market cap of the company is Rs. 5921.22 crore.
The promoters holding in the company stood at 54.03%, while Institutions and Non-Institutions held 25.17% and 20.80% respectively.
BEML has received letter of acceptance (LoA) for design, manufacture and commissioning of 10 Trainsets (Sleeper) on Vande Bharath platform, from Integral Coach Factory, Chennai. The total value of order is Rs 675 crore exclusive of taxes.
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. 3. PSP Projects bags order worth Rs 317.13 crore
