BEML announces quadripartite MoU with DPA, DMRC and UTIPL

BEML Limited has entered into a quadripartite Memorandum of Understanding (MoU) with M/s Deendayal Port Authority (DPA), M/s Delhi Metro Rail Corporation (DMRC) & M/s Umeandus Technologies India Pvt. Ltd. (UTIPL).

The MoU parties have formed an alliance covering the areas of Real Time Automatic Cargo Evacuation System (e-FTS, Enhance Freight Transport System) wherein DPA is the client and DMRC (Lead member), BEML & UTIPL are execution partners for development of pilot project for Real Time Automatic Cargo Evacuation System (e-FTS, Enhance Freight Transport System).

Shares of BEML Limited was last trading in BSE at Rs. 4419.85 as compared to the previous close of Rs. 4434.40. The total number of shares traded during the day was 10128 in over 2022 trades.

The stock hit an intraday high of Rs. 4464.20 and intraday low of 4412.05. The net turnover during the day was Rs. 44923862.00.

Source : Equity Bulls

Keywords

BEML INE258A01016 MoU