BEML Secures USD 36.38 Million Export Order for Heavy Earth Moving Equipment
BEML Limited, a Schedule 'A' Company under the Ministry of Defence, Government of India, has announced a significant export order, bolstering its international market presence. The company reported securing an export order of USD 36.38 million from the Middle East region.The order pertains to the supply of heavy Earth Moving Equipment, which will be utilized for various infrastructure development applications.
According to the company, this export deal contributed to BEML's growing international portfolio. The total international order bookings for BEML as of the date stand at approximately USD 106.95 million.
The company confirmed that the export order falls within its normal course of business operations, signaling sustained growth in its defence and engineering sectors.
BEML Stock Price Movement
As of 3:10 PM, shares of BEML Limited are slipping by 0.06% in live trading, currently trading at ₹1620.30. The stock has seen noticeable activity today, supported by a robust volume of 216,556 shares.Source:
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