BEML surges on Rs 747-cr Delhi Metro order

The company said, this order will boost the present order book position of BEML to Rs 6,400 crore.

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SI Reporter Mumbai
Last Updated : Jul 19 2013 | 12:57 PM IST
BEML has surged 5% to Rs 181 on NSE after the state-owned company said it has received a new order worth of Rs 747 crore from Delhi Metro Rail Corporation Limited (DMRCL).

“The order is for manufacture and supply of 92 sets of standard gauge metro cars for the phase III, RS-9 project of DMRCL,” BEML said in a release.

This order will boost the present order book position of BEML to Rs 6,400 crore, it added.

The stock opened at Rs 176 and saw a combined around 80,000 shares changing hands on the counter in early morning deals on NSE and BSE.
 

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First Published: Jul 19 2013 | 9:27 AM IST

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