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BEML bags orders from Cameroon & Bangladesh equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
BEML stock rises over 3% on export orders worth $23 million BEML share hit an intraday high of Rs 1,420.95, rising 3.44% against previous close of Rs 1,373 on BSE BusinessToday.In | March 17, 2021 | Updated 16:40 IST BEML share trades higher than 20 day, 50 day, 100 day and 200 day moving averages but lower than 5 day moving averages. BEML share rose over 3% today after the company received export orders from Cameroon and Bangladesh under Government of India-Lines of credit. The mid cap stock hit an intraday high of Rs 1,420.95 rising 3.44% against previous close of Rs 1,373 on BSE. The share trades higher than 20 day, 50 day, 100 day and 200 day moving averages but lower than 5 day moving averages. BEML share has gained 178.31% in one year and risen 42% since the beginning of this year. ....
BEML has received export orders from Cameroon and Bangladesh under Government of India-Lines of credit to supply construction equipment. The order for Cameroon has been received from Ministry of Economy, Planning & Regional Development (MOEPRD), Government of Cameroon for supply of 71 units of construction equipment consisting of Bulldozers, Excavators, Wheel Loaders, Motor graders and Compactors for their Cassava Farm Project. The order for Bangladesh has been received from Ministry of Roads & Highways Department, Government of Bangladesh for supply of construction equipment consisting of Wheel Dozer for their construction, Repair and Maintenance of Road and Infrastructure projects in Bangladesh. Valuing at around $23 million, these equipment will be having more than 90% indigenous content and will be manufactured at BEML s KGF and Mysore plants in Karnataka. ....
BEML receives USD 23 Mn Export order from Cameroon & Bangladesh Bengaluru, Mar 16 (UNI) BEML Limited, a ‘Schedule A’ company under the Ministry of Defence (MoD) has received USD 23 Million export order from Cameroon and Bangladesh under Government of India-Lines of credit. The order from Cameroon has been received from Ministry of Economy, Planning & Regional Development (MOEPRD), Government of Cameroon, for supply of 71 units of construction equipment consisting of Bulldozers, Excavators, Wheel Loaders, Motor graders and Compactors for their Cassava Farm Project, according to a BEML release here on Tuesday. The order from Bangladesh, by the Ministry of Roads & Highways Department, Government of Bangladesh, was for supply of construction equipment consisting of Wheel Dozer for construction, Repair and Maintenance of Road and Infrastructure projects in Bangladesh. ....