&w=3840&q=100)
BEML shares rally 5% on securing maiden overseas contract; key details here
SI Reporter New Delhi
BEML share price: BEML share price was buzzing in trade on Monday, August 11, 2025, with the stock rising as much as 4.88 per cent to an intraday high of 4,045.60 per share.
At 12:20 PM, BEML share price was trading 3.09 per cent higher at 3976.10 per share. In comparison, BSE Sensex was trading 0.35 per cent higher at 80,135.16 levels.
Why did BEML share price rally today?
BEML share price rallied today after the company announced that it has secured its maiden overseas contract in the Rail and Metro segment from Malaysia.
In an exchange filing, BEML said, 'We hereby inform that BEML Limited received its maiden overseas contract in the Rail and Metro segment from Malaysia for the Retrofit and Reconditioning of the Mass Rapid Transport System on 09.08.2025, valued at $1 million.'
Under the terms of the order, BEML will be responsible for the Retrofit and Reconditioning of the Mass Rapid Transport System.
The order is worth $1 million, BEML said in a statement.
BEML results
BEML is set to announce its June quarter of financial year 2026 (Q1FY26) results today.
In the previous quarter (Q4FY25), BEML reported a 11.97 per cent year-on-year (Y-o-Y) rise in its profit after tax (PAT) at ₹287.55 crore, up from ₹256.80 crore in the same period last year (Q4FY24).
The public sector undertaking's (PSU) revenue from operations grew 9.18 per cent Y-o-Y to ₹1,652.53 crore in Q4FY25, compared to ₹1,513.65 crore in Q4FY24. Total income for the quarter stood at ₹1,656.67 crore, marking a 9 per cent increase from ₹1,518.52 crore a year ago.
Total expenses rose 9 per cent Y-o-Y to ₹1,261.37 crore in the quarter, against ₹1,170.57 crore in the corresponding period last year.
About BEML
BEML Limited, formerly known as Bharat Earth Movers Limited, is an Indian public sector undertaking established in May 1964 and headquartered in Bengaluru.
The company is a key player in India's infrastructure and defence sectors, manufacturing heavy equipment for mining, construction, defense, and rail & metro applications.
It operates through three core business verticals, Defence and Aerospace, Mining and Construction, and Rail and Metro.
BEML has four major manufacturing facilities located in Bangalore, Kolar Gold Fields (KGF), Mysuru, and Palakkad, supporting its wide-ranging production capabilities.
The company's product portfolio includes dozers, dumpers, excavators, and shovels for mining and construction, ground support equipment for the defense sector, and rail coaches and metro cars for urban transportation.
The market capitalisation of BEML is ₹16,552.65 crore, according to BSE. The company falls under the BSE 500 index category.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Hans India
29 minutes ago
- Hans India
Acer Inaugurates New Laptop Manufacturing Unit in Puducherry
Acer, the Taiwanese electronics major on Wednesday (August 13, 2025) increased Acer laptop manufacturing with the partnership with Plumage Solutions for manufacturing of IT hardware at a newly set up facility in Puducherry. The computer monitors, All in One (AIO) desktops, servers, workstations and power adapters are all going to be produced at the new plant. Acer's localisation move is intended to increase local production, reduce import dependence, and to meet the growing demand from urban and emerging markets the company further said. 'Facility in Puducherry will help increase supply chain efficiencies and enable faster deliveries, with competitive price points,' Plans are afoot to invest ₹50 crore in the next three to four years to augment Acer's manufacturing capabilities and widen the production portfolio in India, said a statement by The Plumage Group. Harish Kohli, President and Managing Director, Acer India, 'Teaming up with Plumage is a critical step towards bringing in international best practices, superior technology, and world-class manufacturing standards to local manufacturing. This partnership will allow us to create a robust and flexible supply chain, to serve the Indian market faster, and more efficiently.' ' We're pleased to mate with Acer in this new phase of India's manufacturing trip. This cooperation is further than a marketable arrangement it's a combined commitment to erecting a sustainable and encyclopedically competitive manufacturing ecosystem. By combining Acer's product moxie with our engineering & manufacturing capabilities, we aim to set new marks for quality, effectiveness, and invention in the assiduity, ' said Mukesh Gupta, Managing Director, Plumage Group. Opining on the collaboration Mukesh Gupta, Managing Director, The Plumage Group said, ' We're thrilled to join hands with Acer at this significant point in India's manufacturing trip. This cooperation is n't just a business adventure, it's a testament to our participated commitment towards erecting a sustainable, world- class manufacturing ecosystem. By combining Acer's product perceptivity with our engineering and product moxie, we aim to set new marks in quality, effectiveness and invention. '
The Hindu
29 minutes ago
- The Hindu
Omega Seiki Mobility plans to invest $25 million in plant at Jafza, Dubai
Omega Seiki Mobility (OSM), an Indian electric vehicle manufacturer, said it has set up its first international electric vehicle assembly plant in Jafza and would invest $25 million (AED 92 million) over the next five years to accelerate its global expansion and meet rising demand for low-emission transport in the region. Spanning over 42 000 square feet, the first EV plant in Jafza will assemble OSM's range of electric two-and three-wheelers as well as handle storage and distribution of auto components and spare parts, the company said. The facility is expected to commence assembly by the end of 2025. The plant will create over 100 jobs in its initial phase, it added. Abdulla Al Hashmi, COO, Parks & Zones, DP World GCC, said, 'More manufacturers are turning to Jafza to tap high-growth markets across the Middle East, Africa and beyond.' 'With the MENA EV market projected to reach $14.5 billion by 2029, driven by supporting government policies, rising demand and expanding infrastructure, this facility brings innovative mobility solutions closer to the region and underlines Dubai's role as a global hub for the automotive sector,' he said. Uday Narang, Founder and Chairman of Omega Seiki Mobility, said, 'Jafza gives us unmatched connectivity to more than 2 billion consumers and a business environment that enables speed, scale and sustainability.' 'Through Dubai, we aim to make clean mobility accessible and commercially viable for partners across the Middle East and Africa,' he said. While OSM's immediate focus is on electric vehicles, it also plans to introduce CNG- powered models for select African markets.
Hindustan Times
29 minutes ago
- Hindustan Times
How to claim your share of $4.5M GameStop data breach settlement. Details here
There are only a few days left to claim your share of a $4.5 million settlement with GameStop. This comes after a lawsuit said the company sold customers' personal data to Facebook without permission, according to WFFA. In June, GameStop emailed customers about the settlement. It denied wrongdoing but settled to avoid trial costs and risks.(REUTERS) The class action lawsuit said GameStop broke federal law, specifically the Video Privacy Protection Act, or VPPA. The company took customer data from purchases on its website and gave it to Facebook. GameStop did not admit to doing anything wrong as part of the settlement. The deadline to file a claim is Friday, August 15. Also Read: GameStop's wild ride has Indian retail traders joining in Who can get money from the GameStop settlement? Anyone who bought a video game from GameStop's website between August 18, 2020, and April 7, 2025, and had a public Facebook profile with their name at the time of purchase is eligible. In June, GameStop sent emails about the settlement to customers who bought games on their website. Although GameStop did not admit fault, it agreed to settle to avoid the costs and risks of continuing the lawsuit. If you got that email, you are likely part of the settlement group. How much money can you get? Eligible people can get either up to $5 in cash or a GameStop voucher worth up to $10. It is not clear how many people qualify for the settlement. How do you file a claim? First, check your email. The payments are linked to a unique ID number in the email from GameStop. This ID is a 10-character mix of letters and numbers. Anyone with this ID can file a claim before August 15 to get their payment. If you choose a voucher, the credit will be added to your GameStop account linked to your email. If you choose cash, you will get paid through Zelle, Venmo, or PayPal. If you did not get an email with an ID but believe you qualify, you can fill out a paper claim form. When will you get paid? Payments may take some time because they depend on court approval. A court hearing is scheduled for September 18, 2025. If approved, payments will be sent about 45 days after final approval or after any appeals are finished. Voucher payments will also be emailed about 45 days after final approval.
