BEML shares in focus after receiving Rs75.58 Crore order for supply and maintenance of HMVs
India, Oct. 9 -- India has spent years trying to move from buying defence equipment to making and selling it. The effort is now starting to show up in export orders, as friendly countries look for dependable platforms at sensible prices. For state-owned manufacturers, selling abroad also reduces their dependence on a single home customer.
Shares of BEML Ltd. were trading at Rs. 1,904.10, down 0.74% from previous close of Rs. 1,911.20. The stock opened at Rs. 1,924.50 and reached an intraday high of Rs. 1,947.00 and low of Rs. 1,875.60. The company currently has a market capitalization of Rs. 15,833 crores.
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An order worth around Rs. 75.58 crore has been received by BEML Limited for exporting and maintaining its HMV 12x12...
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