BEML Limited Secures Rs 590 Crores Order for Trawl Assemblies from Ministry of Defence
BEML Limited has secured a significant order from the Ministry of Defence for the supply of Trawl Assemblies. The contract, valued at approximately Rs 590 crores, falls within the company's normal course of business.The company confirmed the order, which provides a major boost to its business operations.
The details of the transaction are as follows:
| Detail | Information |
|---|---|
| Company | BEML Limited |
| Securing Entity | Ministry of Defence |
| Product | Trawl Assemblies |
| Contract Value | Rs 590 crores approximately |
| Status | Normal course of business |
The announcement highlights BEML Limited's continuous involvement in the defence and aerospace sectors, alongside its other core business areas including Mining & Construction and Rail & Metro.
BEML Stock Price Movement
Today, BEML Limited shares edged higher to close at ₹1767.9, marking a 1.71% gain for the day. The stock found support during its session, recording a day's high of ₹1779 and moving on a high volume of 182,139 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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