Beml

BEML wins Rs 136 cr defence ministry contract for high mobility vehicles

State-owned BEML Ltd on Wednesday said it has secured a Rs 136-crore contract for the supply of indigenously designed High Mobility Vehicles (HMV) 8x8. These vehicles will play a pivotal role in the Battle Field Surveillance System (BFSS) project, reinforcing India's defence capabilities and advancing the government's vision of Atmanirbhar Bharat, the PSU under the Ministry of Defence said. Manufactured at BEML's facilities, the HMV 8x8 is designed to deliver exceptional reliability and versatility, even in the most challenging environments. Key features of these vehicles include an independent suspension system, a high-power air-cooled engine, a central tyre inflation system, an anti-lock braking system and a backbone tube chassis design. BEML said these features ensure superior mobility, stability and operational safety. The vehicles are capable of operating in extreme climates, from -20 degrees Celsius to +55 degrees Celsius, and at altitudes of up to 5,000 metres above sea ...

BEML share price rises 4% on securing Rs 136 cr-order from Defence Ministry

The uptick in BEML share price came after the company announced that it has bagged an order worth Rs 136 crore from Defence Ministry for High Mobility Vehicles 8x8

GRSE, BEML, BDL gain up to 6% as DAC clears Rs 21,772 cr defence proposals

The Defence Acquisition Council (DAC) accorded Acceptance of Necessity for five capital acquisition proposals worth over Rs 21,772 crore.

BEML share price rises 4% on Rs 3,658 cr-order win from Chennai Metro Rail

The uptick in BEML share price came after the company announced that it has bagged an order worth Rs 3,658 crore, from Chennai Metro Rail Limited

BEML gets Rs 246.78 cr truck supply order from Central Coalfields

State-owned BEML on Thursday said it has secured an order worth Rs 246.78 crore from Central Coalfields Ltd (CCL) for the supply of rear dump trucks which are used in mining operations. As part of the order, BEML said it will supply 48 BH60M rear dump trucks, along with spares, and also provide after-sales service support. "BEML has secured a substantial order worth Rs 246.78 crore from Central Coalfields Limited (CCL)," it said. The trucks have been developed in-house with features like 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 said in a statement. BEML CMD Shantanu Roy said, "This partnership further strengthens our resolve to contribute to India's growth by supporting critical sectors like mining with sustainable and advanced technologies, aligning with the nation's vision of self-reliance and global leadership in industr

BEML Q2 result: Profit falls slightly by 1.9% to Rs 51 cr as demand weakens

India's BEML reported a 1.5% fall in its second-quarter profit on Monday, hurt by lower demand for its heavy machinery and equipment as manufacturing activity dipped.

Chinese imports hit Indian construction equipment manufacturing sector

Tata Hitachi, a joint venture between Japan's Hitachi Construction Machinery Company and Tata Motors, has lost market share in recent years. One reason was the influx of Chinese imports

BEML aims for Rs 900 cr capex till FY25, re-enters building equipment space

BEML has outlined a capital expenditure of Rs 900 crore till FY'25 and re-entered the construction equipment market after a hiatus of nearly five years, aiming to capitalise on the Rs 45,000 crore market opportunity. The company, formerly Bharat Earth Movers Limited, recently underwent a significant business restructuring, establishing 11 strategic business units (SBUs) and two micro business units to drive sustainable long-term growth. As part of this restructuring, we have re-entered the construction equipment business, focusing on higher capacity products to tap into the massive Rs 45,000 crore market, Shantanu Roy, Chairman and Managing Director of BEML, told reporters on the sidelines of the 17th Global Mining Summit organised by the CII. BEML's earlier exit from the construction equipment space was due to intense competition from imported products. Roy, however, explained that the company is now targeting higher-capacity equipment, such as 20-30 tonne excavators and dumpers,

BEML climbs 8% on Rs 866-cr deal to build two high-speed train sets

Under the project, BEML will design, manufacture and commission two high-speed train sets with a test speed of 280 kmph

BEML wins Rs 866.87 crore contract to build 'Made in India' bullet trains

BEML's Bengaluru factory will make the train sets for delivery by the end of 2026

BEML stock price rallies 4% on inking multiple deals; up 27% in 6 months

The rise in the BEML stock came after the company announced that it has inked multiple deals.

BEML Q1 results: Net loss narrows to Rs 70 cr, income rises to Rs 631 cr

Defence PSU BEML on Monday reported a narrowing of its consolidated net loss to Rs 70.47 crore for the quarter ended on June 30, 2024. The company had posted a consolidated net loss of Rs 75.01 crore in the year-ago period, BEML said in a filing to BSE. The consolidated income of the company during the April-June period rose to Rs 634.61 crore over Rs 5,78.11 crore in the corresponding quarter of the previous fiscal, the filing said. BEML Ltd is a diversified company supplying products, services and support to defence and aerospace, mining and construction and rail and metro.

BEML zooms 18%, hits all-time high in weak market on healthy outlook

BEML is in a sweet spot to capitalise on 'Make-in-India' and the country's flourishing metro, railway & defence capex story, say analysts

BEML, Exide, Prestige: 5 mid-, small-cap stocks with over 15% downside risk

BEML, Exide Industries, HUDCO, Godrej Properties and Prestige Estates could fall up to 19 per cent from present levels, technical charts suggest.

This PSU stock has surged 25% in 4 days; zoomed 107% in 6 months

In past nine trading days, the stock price of BEML has rallied 45 per cent.

BEML bags order worth Rs 250 cr from Northern Coalfields for dump trucks

BEML Ltd has secured an order worth Rs 250 crore from Northern Coal Fields Limited (NCL) for the supply of 28 units of BH100 rear dump trucks, the company said on Friday. The BH100 rear dump truck is engineered to transport payloads of up to 100 tonnes, specifically designed for the efficient handling of overburden and coal in mining operations, they said. In a statement, BEML Ltd said, "The dumpers will be maintained under a Guaranteed Spare Parts contract for a period of five years, ensuring uninterrupted service and operational efficiency. The BEML BH100 rear dump truck is renowned for its robust design, advanced features, and operational efficiency, making it a preferred choice in the mining industry." Designed to transport payloads of up to 100 tonnes, the BH100 is ideal for heavy duty mining operations, particularly for handling overburden and coal. Engineered for fuel efficiency, the BH100 helps reduce operational costs while maintaining high performance levels, it said. "Ou

BEML stock rallies 9% on winning new order worth Rs 250 crore

Meanwhile, in past six trading days, the stock zoomed 26% after the company had reported a solid 62.85% YoY growth in consolidated profit after tax at Rs 256.80 crore in March 2024 quarter.

BEML surges 13% on solid Q4 numbers, hefty dividend

BEML's order book as on April 01, 2024, stood at Rs 11,872 crore as against Rs 8,570 crore in the previous year, an increase of 38.5 per cent.

Stocks to watch on May 13: TaMo, ICICI Bank, BEML, JK Cement

BEML's Q4 earnings showcased strong growth, with net profit soaring 62.8 per cent year-on-year (YoY) to Rs 256.8 crore.

Dredging Corp, BEML sign agreement to manufacture dredger spares in India

Dredging Corporation of India Ltd (DCIL) and BEML have entered into an agreement to manufacture dredgers and their spares in India. Dredgers are special vessels used for deepening and broadening sea coasts and river sides by removing sand. In a statement, DCIL said it has signed a memorandum of understanding (MoU) with BEML for the design, development and manufacturing of dredgers and its spare parts. The agreement was signed between DCIL MD and CEO S Divakar and BEML CMD Shantanu Roy in Bengaluru. "The organisations would recognise indigenisation as one of the strategic tools to achieve cost benefits and also complement their strengths to build a mutually beneficial strong technical base," the statement said. The collaboration will extend to the joint study of the potential for the construction of portable cutter suction dredgers for inland dredging by BEML and endeavour for cooperation through joint venture/special purpose vehicles as per the government guidelines. The producti