BEML shares went up 7.82 to Rs 371 on bagging a Rs 1,672.5 crore Bangalore metro order for 150 metro rail coaches from the Bangalore Metro Rail Corporation. It is also likely to get an additional order for 63 coaches for proposed metro lines in Bangalore.
These metro coaches will be manufactured at its Bangalore complex and first set of metro coaches are be delivered by October 2010. The stock made an intraday high of Rs 374.8 and a low of Rs 306 with trading volumes of 2.85 lakh shares.
