BEML rises on bagging prestigious order worth Rs 570 crore from DMRC

08 Oct 2014 Evaluate

BEML is currently trading at Rs. 583.00, up by 5.85 points or 1.01% from its previous closing of Rs. 577.15 on the BSE.

The scrip opened at Rs. 578.00 and has touched a high and low of Rs. 605.05 and Rs. 575.00 respectively. So far 82411 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 877.50 on 25-Jun-2014 and a 52 week low of Rs. 165.75 on 08-Oct-2013.

Last one week high and low of the scrip stood at Rs. 629.80 and Rs. 573.00 respectively. The current market cap of the company is Rs. 2423.29 crore.

The promoters holding in the company stood at 54.03% while Institutions and Non-Institutions held 26.53% and 19.44% respectively.

BEML, the premier manufacturer of Metro Cars, has bagged a prestigious order worth Rs 570 crore from Delhi Metro Rail Corporation (DMRC) for supply of 70 Cars which are in addition to 92 Cars being manufactured for Delhi Metro.

With the above order, the order book position of the company, representing all the three business verticals viz., Mining & Construction, Rail & Metro and Defence Business, has crossed Rs 6,400 crore mark.

BEML has forayed into the manufacture and supply of hi-tech Metro Cars during 2002. Since then, BEML had made significant strides and emerged as the preferred destination of Metro Coach Manufacturer in the country. BEML has so far supplied more than 700 Metro Cars to Delhi Metro, Bangalore Metro and Jaipur Metro.

BEML Share Price

4045.00 -30.50 (-0.75%)
23-Dec-2024 15:09 View Price Chart
Peers
Company Name CMP
BEML 4045.00
Action Const. Equip 1496.10
Sanghvi Movers 303.50
Brady & Morris Engg 1695.00
TIL 295.00
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