BEML at AERO INDIA 2023

BEML is showcasing some of its prime products during AERO INDIA 2023, the biennial mega Aero exhibition, being held at Yellahanka Airbase, Bangalore from Monday 13th Feb to Friday 17th Feb. 2023. With the theme of 'Atmanirbharata'; BEML is being to display its niche products such as Variants of Unmanned aerial vehicles (UAV) and structure of space vehicle along with critical components in the aero-space sector & Miniature Models of its defence equipment.

BEML's focus at AERO Show is to showcase its capability, promote Aerospace & Defence products and to interact with potential customers and also to explore collaborations. BEML would be signing MoUs, to enter into collaborations with major players in the Defence & Aerospace Business. BEML would also be using the opportunity to network with MSMEs and Start-ups to maximize its efforts of localization / indigenization.

BEML is also displaying the 25 kg Class Tactical UAV being developed indigenously in collaboration with Indian Institute of Technology, Kanpur. The UAV is intended to carry versatile payloads of 3.0 kg, such as day & night cameras. It can take off and land in short runways, fly continuously for 8 hours and has 50 kms radio range.

BEML Limited, the leading multi-technology, multi-product company, is engaged in the design, development and manufacturing of a wide range of products for core sectors of economy such as Defence, Mining, Power, Infrastructure and Urban Transportation. Presently over 87% of total business is won against tough competition mainly from MNCs, while above 68% of the business comes from inhouse R&D developed products. BEML Limited has exported its products to over 68 countries.

Shares of BEML Limited was last trading in BSE at Rs. 1414.80 as compared to the previous close of Rs. 1379.75. The total number of shares traded during the day was 4184 in over 877 trades.

The stock hit an intraday high of Rs. 1427.75 and intraday low of 1379.75. The net turnover during the day was Rs. 5892923.00.

Source : Equity Bulls

Keywords

BEML INE258A01016 AeroIndia2023 UAV Defence SpaceVehicle