BEML Limited secures contract from Chennai Metro Rail Ltd

BEML Limited has secured a contract from M/s. Chennai Metro Rail Limited for Design, Manufacture, Supply, Testing, Commissioning, Training of Personnel and Comprehensive Maintenance Contract for Fifteen Years of Standard Gauge Metro Rolling Stock (Electrical Multiple Units) and Depot Machinery & Plant.

The value of the contract is approximately Rs. 3658 Crores.

Shares of BEML Limited was last trading in BSE at Rs. 4270.00 as compared to the previous close of Rs. 4187.90. The total number of shares traded during the day was 40387 in over 4138 trades.

The stock hit an intraday high of Rs. 4338.95 and intraday low of 4185.80. The net turnover during the day was Rs. 172670575.00.

Source : Equity Bulls

Keywords

BEML INE258A01016 Contract OrderWin ChennaiMetroRail