Latest Breaking News On - High mobility vehicles - Page 1 : comparemela.com
Indian Army s Pursuit of High Mobility Vehicles to Support Heavy Artillery – Indian Defence Research Wing
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India Is Modernizing Its Army
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India is modernizing its army
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Defence forces to buy 2,150 high mobility vehicles
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BEML shares surged 4.2% after the company secured a Rs 385 crore order from Bharat Dynamics and Bharat Electronics for the supply of High Mobility Vehicles. The stock has risen 7% year-to-date and 28% in the last year, delivering over 150% returns to investors in the last three years. Analysts have an average target price of Rs 1,898, implying a potential upside of 17%. In Q4 FY23, BEML reported an 18% increase in profit and a decline in consolidated revenue from operations. The government of India holds 54.03% of the company s shareholding.