BEML is currently trading at Rs. 3948.00, up by 228.40 points or 6.14% from its previous closing of Rs. 3719.60 on the BSE.
The scrip opened at Rs. 3788.95 and has touched a high and low of Rs. 3954.85 and Rs. 3775.00 respectively. So far 3891 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. 1904.50 on 26-Oct-2023.
Last one week high and low of the scrip stood at Rs. 4009.25 and Rs. 3591.65 respectively. The current market cap of the company is Rs. 15490.09 crore.
The promoters holding in the company stood at 54.03%, while Institutions and Non-Institutions held 26.90% and 19.07% respectively.
BEML has bagged contract for the design, manufacturing, and commissioning of two high-speed trainsets, each comprising 8 cars from Integral Coach Factory (ICF), Chennai. The price of each car is Rs 27.86 crore and the total contract value is Rs 866.87 crore which includes design cost, one-time development cost, non-recurring charges, onetime cost towards Jigs, fixtures, tooling and testing facilities, which will be utilised for all future High-Speed projects in India. This project marks a significant milestone in India's high-speed rail journey and will see the first indigenously designed and manufactured trainsets with a test speed of 280 kmph.
The trainsets will be built at BEML's Bengaluru rail coach complex and are scheduled for delivery by the end of 2026. Featuring a fully air-conditioned, Chair Car configuration, the trains will offer modern passenger amenities such as reclining and rotatable seats, special provisions for passengers with restricted mobility, and onboard infotainment systems.
This contract further strengthens BEML's position as a leader in rolling stock manufacturing and reaffirms its commitment to India's vision of a faster, more efficient rail network.
BEML is a Public Sector Undertaking for manufacture of Rail Coaches & Spare Parts and Mining Equipment.
| Company Name | CMP |
|---|---|
| BEML | 3727.30 |
| Action Const. Equip | 1203.25 |
| Sanghvi Movers | 305.15 |
| Brady & Morris Engg | 1546.85 |
| TIL | 270.70 |
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