Latest news with #BEML
Deccan Herald
2 days ago
- Business
- 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.
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Business Standard
3 days ago
- Business
- 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
5 days ago
- Business
- 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)
Time of India
10-06-2025
- Automotive
- Time of India
BEML shares in focus after licensing deal With DRDO to manufacture advanced combat support vehicles for Army
BEML shares will be in focus on Tuesday after the company signed three licensing agreements with the Defence Research and Development Organisation's (DRDO) Vehicles Research and Development Establishment (VRDE) to manufacture advanced mobility and support systems for the Indian Army 's Armoured Corps. Under the agreements, BEML will indigenously develop and produce the Unit Maintenance Vehicle (UMV) and Unit Repair Vehicle (URV) for the MBT Arjun tank, as well as a full trailer for a 70-tonne tank transporter equipped with an advanced hydraulic suspension system. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giường thông minh tồn kho từ năm 2022 - [Xem giá] Giường Thông Minh | Quảng Cáo Tìm Kiếm 'This collaboration marks a significant milestone in enhancing the Indian Army's operational capabilities through next-generation, indigenous solutions, aligned with the Government of India's Aatmanirbhar Bharat vision,' BEML said in a statement. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Also Read: KEI Industries, DCB Bank among 10 small-cap stocks analysts expect to gain up to 75% Defence Stocks in Focus on Rs 30,000 Cr QRSAM Boost Defence-related stocks such as Bharat Electronics (BEL), Bharat Dynamics (BDL), Data Patterns, Paras Defence , and BEML are expected to remain in focus amid reports that the Indian Army is set to acquire Quick Reaction Surface-to-Air Missile (QRSAM) systems worth Rs 30,000 crore. Live Events According to news agency ANI, the Defence Ministry will soon review a proposal to procure three QRSAM regiments for Army Air Defence, intended for deployment along the western and northern borders. The DRDO-developed missile systems are designed for rapid deployment, with the capability to track and engage targets while on the move. Also Read: Dixon Technologies, LIC Housing Finance among 10 mid-cap stocks analysts expect to gain up to 40% The QRSAM, with a range of 30 km, will complement existing systems like Akash and MRSAM. Officials said the system has undergone successful day and night trials. The Defence Acquisition Council is likely to take up the proposal later this month. This development comes amid heightened tensions, where Indian Army air defence units recently countered cross-border drone threats using L-70 and Zu-23 guns, while platforms like Akash, MRSAM, Spyder, and S-400 also played key roles. To bolster readiness, the Army is also expected to induct new radars, very short-range air defence systems, and anti-drone technologies, including jammers and laser-based systems. Also Read: Vishal Mega Mart, SBI Card among 8 large & midcap stocks that hit 52-week highs on Monday ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
United News of India
09-06-2025
- Automotive
- United News of India
BEML, DRDO sign Transfer of Technology pact
Bengaluru, June 9 (UNI) In a major thrust to India's defence indigenisation drive, BEML Limited has signed three Licensing Agreements with the Defence Research and Development Organisation (DRDO) for the Transfer of Technology (ToT) to manufacture critical mobility and support systems for the Indian Army's Armoured Corps. The agreements were signed with the Vehicles Research and Development Establishment (VRDE), a premier DRDO laboratory, and will enable BEML to indigenously produce the Unit Maintenance Vehicle (UMV) and Unit Repair Vehicle (URV) for MBT Arjun, as well as a Full Trailer for 70-tonne Tank Transporters with advanced hydraulic suspension. The Licensing Agreements were formally handed over by Dr Samir V Kamat, Secretary, Department of Defence R&D and Chairman, DRDO, to Sanjay Som, Director (Mining & Construction), BEML Ltd, at a ceremony held at VRDE, Ahmednagar on June 7. Also present were G Ramamohana Rao, Director, VRDE; Dr Prateek Kishor, Director General (Armament and Combat Engineering), DRDO; senior DRDO scientists, and industry representatives. "This collaboration is a milestone in strengthening the Indian Army's operational capabilities with next-generation indigenous solutions, fully aligned with the Government's 'Aatmanirbhar Bharat' initiative," said BEML Chairman and Managing Director Shantanu Roy. The transferred technologies include two critical support vehicles for the Arjun Main Battle Tank (MBT) fleet. The Unit Maintenance Vehicle (UMV) is designed to perform first-line maintenance and light repairs on electrical and mechanical assemblies in field conditions, ensuring the tank's operational continuity. The Unit Repair Vehicle (URV) serves as a second-line repair system, capable of conducting field repairs on vital components, thereby improving the uptime and combat effectiveness of the Arjun MBT fleet. Additionally, the Full Trailer for the 70-tonne Tank Transporter has been developed to move heavy armoured vehicles like the Arjun MBT Mk-1A. This trailer features a modular hydraulic suspension system and steerable axles, offering enhanced mobility and manoeuvrability across a variety of terrains, including metalled, gravelled, and unpaved roads. The agreement reflects BEML's expanding role in building a robust indigenous defence manufacturing ecosystem and meeting the evolving demands of modern warfare. BEML, a 'Schedule A' company under the Ministry of Defence, operates across three key verticals – Defence & Aerospace, Mining & Construction, and Rail & Metro – with manufacturing facilities in Bengaluru, Kolar Gold Fields, Mysuru, and Palakkad. UNI BDN SSP
