Hopes soar for Namma Metro Pink Line, BEML promises 20 trains by March 2026

BEML chairman and MD Shantanu Roy said a significant capacity increase was planned, starting with the commissioning of Line 3A at the company's plant in Bengaluru. Further expansion will follow with the establishment of BEML's upcoming manufacturing facility in Bhopal.

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Deccan Herald

5 hours ago

• Deccan Herald

Hopes soar for Namma Metro Pink Line, BEML promises 20 trains by March 2026

BEML chairman and MD Shantanu Roy said a significant capacity increase was planned, starting with the commissioning of Line 3A at the company's plant in Bengaluru. Further expansion will follow with the establishment of BEML's upcoming manufacturing facility in Bhopal.

Business Standard

20 hours ago

• Business Standard

This PSU stock zooms 100% from March low; hits over 10-month high today

BEML share price today Shares of BEML hit an over 10-month high of ₹4,697, zooming 10 per cent on the BSE in Friday's intra-day trade amid heavy volumes. The stock now quotes at its highest level since July 31, 2024. The stock price of the public sector undertaking (PSU) commercial vehicles company has doubled from its 52-week low of ₹2,346.35 touched on March 3, 2025. At 12:48 AM; BEML share price quoted 9 per cent higher at ₹4,673.75, as compared to 0.92 per cent rise in the BSE Sensex. The average trading volumes at the counter jumped nearly three-fold. A combined 2.5 million shares changed hands on the NSE and BSE. BEML major achievement in 2024-25 BEML registered its highest-ever order book of ₹14,610 crore in FY25. The company posted its highest-ever profit before tax (PBT) of ₹405.43 crore. BEML designed & developed high mobility vehicle HMV12x12 for strategic weapon systems and also designed & developed HMV 6x6 with armored cabin for Mounted Gun System. The 1,500 hp engine program entered the next phase of development with the 1st engine sent to the UK for Mechanical & Combustion development. The company supplied 1st Vande Bharat sleeper trains and completed trials successfully. BEML secured orders for design & development and supply of metro trains for Bangalore Metro & Chennai Metro. It secured orders for design & development and supply of high speed trains from the Indian Railways. BEML acquires land in Madhya Pradesh, Chhattisgarh BEML on May 11, 2025 announced that the Government of Madhya Pradesh approved the allotment of 60.063 hectares (approximately 148 acres) of land to the company. The land has been allotted for setting up a construction facility to manufacture rolling stock / coaches for railway and metro projects in the state. Earlier on May 9, the Chhattisgarh cabinet approved the allotment of 100 acres of land in Janjgir-Champa district to the company at Re 1 per acre for setting up a Heavy Earth Moving Equipment manufacturing plant in the state. ALSO READ | BEML - Healthy outlook The company's management reiterated robust growth prospects, issuing an order book target of ~₹ 22,000-23,000 crore by FY26, led by finalization of large ticket orders with a margin expansion guidance of 150bp YoY supported by operating leverage coupled by richer product mix and better cost optimization measures. The order book mix is expected to be in the ratio of 20:20:60 for mining: defense: rail, respectively, in FY26. Furthermore, BEML expects 20 per cent YoY revenue growth in FY26, led by seamless execution of Bengaluru Metro and Vande Bharat with nine train sets left to be delivered with a prototype of maiden train set being cleared in April. With a robust outlook and a promising order pipeline for FY26, analysts reiterate a positive stance on the stock. Elara Capital on BEML BEML's FY25 order inflow stood at ₹6,800 crore, up 28 per cent YoY, which is expected to double by FY26, supported by finalization of metro orders comprising Chennai, Mumbai, Thane, Pune, & Nashik and setting up of metros in Andhra Pradesh, Chhattisgarh, Madhya Pradesh, as well as expansion of metro lines for Kochi and Hyderabad with rail maintenance vehicles. Additionally, BEML also expects Regional Rapid Transit orders and two high-speed train tenders to fructify in December 2026 for the Mumbai-Ahmedabad corridor. With a robust outlook and a promising order pipeline along with solid guidance on order book & inflow coupled by bold capex plans, we remain positive, the brokerage firm said. However, currently, the stock trades above analysts target price of ₹4,860 per share.

India.com

3 days ago

• India.com

Indian Railways news: Vande Bharat sleeper trains to be made by 3 companies, they are...

Vande Bharat Sleeper Train (Image: X) Update of Vande Bharat sleeper trains: In a significant development for Vande Bharat Sleeper trains, it has been reported that the upcoming Vande Bharat Sleeper trains will be made by three companies. Designed to offer high-speed comfort for long-distance overnight journeys, the trains are a delight for commuters due to the pocket friendly nature. Readers must note that unlike the existing Vande Bharat chair car models, these new Vande Bharat sleeper trains will feature sleeper berths and enhanced passenger amenities. Here are all the details you need to know about the manufacturing of Vande Bharat Sleeper trains. Update of Vande Bharat sleeper trains As per media reports, the manufacturing is being led by a consortium of Indian Railways' Integral Coach Factory (ICF), in collaboration with private players like BEML and Titagarh Rail Systems, with design and technology support from foreign firms such as Russian giant TMH (Transmashholding). These sleeper variants are expected to start trials soon and will play a pivotal role in modernizing India's rail infrastructure. The manufacturing of these modern trains has been entrusted to three big companies, which include BEML, Kinect Railway Solutions Limited and Titagarh Rail Systems Limited-BHEL Consortium. In total, these companies will manufacture 210 train sets. Vande Bharat sleeper train achieves peak speed of 180 km per hr during trials In a significant development for the Vande Bharat sleeper trains, the government said that Vande Bharat sleeper train has achieved a peak speed of 180 km per hour in its multiple trials in the last three days. The trials will continue till this month-end, before this world-class travel for long-distance travel is made available to rail commuters across the nation, the Ministry of Railways said. Vande Bharat sleeper train The video shows a full glass of water adjacent to a mobile on a plain surface inside a Vande Bharat sleeper train. The static water level can be seen in the video as the train achieves near constant peak speed of 180 km per hour. The post came after 3 days of successful trials, which concluded on January 2, in which a Vande Bharat sleeper train in its loaded condition touched the peak speed, according to the ministry. (With inputs from agencies)