BEML Limited
BEML.NS
National Stock Exchange of India1,771.00
INR
-61.60
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BEML Limited
BEML.NS
(National Stock Exchange of India)
Recent
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1,771.00
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ROIC.AI
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- Business
- BEML Limited (BEML.NS), a Schedule A public sector undertaking under India's Ministry of Defence, manufactures heavy equipment and provides engineering solutions for defence and aerospace, mining and construction, and rail and metro sectors. The company offers a comprehensive portfolio of products including high mobility vehicles such as bridge systems, missile launchers and radar systems; combat mobility vehicles comprising armoured recovery vehicles, armoured repair and recovery vehicles and mine ploughs; aggregates for combat vehicles like transmissions, ejectors, air cleaners and hulls; aircraft towing tractors, aircraft weapon loaders, ground support and handling equipment, tank transportation trailers, milrail wagons and rocket motor casings for missiles in the defence and aerospace segment; bull dozers ranging from 90 to 860 FHP, dump trucks from 35 to 205 tons, hydraulic excavators from 0.3 to 12 cubic meters, shovels, walking draglines, water sprinklers from 28,000 to 70,000 litres, motor graders from 137 to 285 HP, wheel loaders, pipe layers, wheeled dozers and tyre handlers in mining and construction; and metro cars for Delhi, Bengaluru, Jaipur, Kolkata and Mumbai (driverless), electrical multiple units, maintenance vehicles including diesel electric tower cars, rail grinding machines and catenary maintenance vehicles, passenger trains such as Vande Bharat and integral rail coaches, steel and aluminium wagons, and treasury vans in rail and metro. Headquartered in Bengaluru, Karnataka, with manufacturing facilities in Bangalore, Kolar Gold Fields, Mysore and Palakkad, as well as a subsidiary Vignyan Industries Ltd. in Tarikere, BEML was established in May 1964, originally as Bharat Earth Movers Limited, and operates primarily in India with exports to over 68 countries across Africa, SAARC nations and other regions. In recent developments, BEML signed a strategic partnership with South Korea's STX Engine in February 2025 to jointly develop, manufacture and market battle tank and marine engines; entered three MoUs worth approximately Rs 350 crore with Dredging Corporation of India Limited in October 2025 for dredging, reservoir de-siltation and inland waterway solutions; formed a quadripartite MoU with Deendayal Port Authority, Delhi Metro Rail Corporation and Umeandus Technologies for a real-time automatic cargo evacuation system; signed an MoU with Kineco Ltd. in October 2025 for advanced composite manufacturing in defence and aerospace; inaugurated three new defence production units at its Kolar Gold Fields complex in July 2025 focused on armoured recovery vehicles; laid the foundation stone for its greenfield 'Brahma' rail manufacturing facility near Bhopal, Madhya Pradesh, in August 2025 to boost rail and defence production with expected annual revenues of Rs 2,500-6,000 crore; and secured a Rs 157 crore order in December 2025 from Loram Rail Maintenance India for switch rail grinding machines.