Stocks

₹729-crore DMRC order win may drive BEML

| Updated on October 04, 2019

Public sector undertaking BEML has bagged further orders worth ₹729 crore from Delhi Metro Rail Corporation. The order is for ‘RS15’ design, manufacture, supply, testing and commissioning of 80 broad-gauge intermediate cars compatible with the existing ‘RS1’ type trains for conversion of six-car train set to eight-car train.

The PSU stock may react positively to the development and the shareholders would closely monitor the execution and further order flows to the Mini Ratna firm.

Published on October 04, 2019

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