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21-11-2024 02:49 PM | Source: Accord Fintech
BEML gains on securing order worth Rs 246.78 crore from Central Coalfields

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BEML is currently trading at Rs. 3715.00, up by 14.90 points or 0.40% from its previous closing of Rs. 3700.10 on the BSE.

The scrip opened at Rs. 3746.00 and has touched a high and low of Rs. 3748.05 and Rs. 3634.00 respectively. So far 19292 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5489.15 on 05-Jul-2024 and a 52 week low of Rs. 2242.80 on 21-Nov-2023.

Last one week high and low of the scrip stood at Rs. 3878.00 and Rs. 3634.00 respectively. The current market cap of the company is Rs. 15512.58 crore.

The promoters holding in the company stood at 54.03%, while Institutions and Non-Institutions held 24.18% and 21.79% respectively.

BEML has secured a substantial order worth Rs 246.78 crore from Central Coalfields (CCL). The order entails the supply of 48 state-of-the-art BH60M Rear Dump Trucks, along with spares and consumables for 1+4 years and comprehensive after-sales service support. 

The BH60M Rear Dump Truck is a high-performance vehicle powered by a Cummins engine delivering 480 kW (644 FHP) at 2000 rpm, paired with an advanced Allison transmission. With a payload capacity of 54,500 kg, this truck is engineered to meet the rigorous demands of mining operations. Its ergonomically designed cabin offers operators superior comfort and control, while its Orbitrol full-time power steering and shorter turning radius ensure excellent manoeuvrability.

The BH60M Rear Dump Truck, which is mostly manufactured at BEML’s Mysuru manufacturing complex, is equipped with cutting-edge features designed to enhance safety, efficiency, and operator comfort. These include 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 is a Public Sector Undertaking for manufacture of Rail Coaches & Spare Parts and Mining Equipment.