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BEML News

22 Jul 2020

Defence Ministry signs contract with BEML for 1512 mine ploughs for T-90 tanks

The Acquisition Wing of Union Ministry of Defence has signed a contract with BEML for procurement of 1,512 Mine Plough (MP) for Tank T-90 S/SK at an approximate cost of Rs 557 crore. The contract has Buy and Make (Indian) categorisation with a minimum of 50 per cent indigenous content in make portion of the contract. These mine ploughs manufactured by BEML will be fitted on T-90 Tanks of Indian Armoured Corps which will facilitate individual mobility to T-90 tanks while negotiating mine field.

06 Jan 2017

Govt clears 26% strategic sale in defence equipment manufacturer BEML

Government will sell 26 percent stake in defence equipment manufacturer BEML, making it the first major PSU to be sold through strategic disinvestment, which may fetch the exchequer over Rs 1,000 crore.

11 Jun 2015

BEML touches 52-week high on DMRC order

BEML shares Thursday surged to their 52-week high on the bourses after the defence PSU said it has bagged orders worth Rs 645 crore from Delhi Metro Rail Corporation (DMRC).

30 Dec 2014

Infra, realty stocks gain ground on land acquisition ordinance

Shares of infrastructure, realty and defence companies gained ground on Tuesday after the government recommended promulgation of an ordinance making significant changes in the Land Acquisition Act.

27 Oct 2014

Defence stocks jump as govt approves projects worth Rs 80K cr

Shares of companies involved in defence sector rallied as much as 8.6 per cent today after projects worth a whopping Rs 80,000 crore were cleared by the government.

07 Aug 2014

Defence firms pare early gains; down over 2% on profit-booking

Paring their initial gains, shares of defence equipment makers ended with losses Thursday, down more than 2 percent, mainly on profit-booking in an overall weak stock market.

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