BEML Executes Order for Cameroon

BEML Limited, a Defence PSU, is executing order for supply of construction equipment for Cameroon Cassava project.

At a function held at BEML's KGF Complex, the equipment was handed over to Mr. Zoutene Doufene, Director General, MINEPAT, Government of Cameroon, by Mr. Amit Banerjee, CMD BEML and Ms. Harsha Bangari, Managing Director & CEO, Exim Bank of India. Shri MV Rajasekhar, Director (Mining & Construction) BEML, Senior officials from Cameroon, Exim Bank of India and BEML were also present.

BEML is executing export order valuing USD 19.76 million with Ministry of Economy, Planning and Regional Development (MINEPAT), Cameroon for supply of 71 nos. Earth moving machinery for preparation of Agricultural Land for Cassava Project under Government of India Line of Credit.

Shares of BEML Limited was last trading in BSE at Rs. 1533.20 as compared to the previous close of Rs. 1467.90. The total number of shares traded during the day was 28674 in over 3137 trades.

The stock hit an intraday high of Rs. 1548.80 and intraday low of 1460.70. The net turnover during the day was Rs. 43316896.00.

Source : Equity Bulls

Keywords

BEML INE258A01016 ConstructionEquipment CameroonCassava Project