India's BEML hits record high after $384 mln order win

BEML

08/08/2023 05:28

** Shares of heavy equipment manufacturer BEML  BEML.NS 
rise as much as 6.5% to an all-time high of 2,134.5 rupees 
    ** Co said on Monday it won order worth 31.77 bln rupees
($383.7 mln) from Bangalore Metro Rail Corporation
    ** Order for supply of rolling stock contract 5RS-DM
    ** BEML stock up 36.5% YTD, as of last close
    
    ($1 = 82.8050 Indian rupees)

 (Reporting by Varun Vyas in Bengaluru)
 ((varunvyas.hebbalalu@thomsonreuters.com))