India's BEML rises on 4 bln-rupee order from Bengaluru Metro

BEML

28/03/2025 09:04

** BEML BEML.NS rises 2.3% to 3,215 rupees

** Rail coaches and metro cars maker gets order worth 4.05 bln rupees ($47.4 million) from Bengaluru Metro Rail Corp Ltd (BMRCL) to manufacture metro cars, train personnel

** Contract includes maintenance services for up to 15 years

** Stock sees busiest session since September 4, 2024, with ~2 mln shares traded - 4.6x the 30 day avg

** Stock gains ~1% in the last 12 months

 (Reporting by Ananta Agarwal in Bengaluru)

 ((Ananta.Agarwal@thomsonreuters.com))