Page 2 - Beml

BEML surges 13% as report suggests Tata, Mahindra eyeing stake in firm

The board approved the appointment of M/s Deloitte Haskins & Sells LPP, as Consultant for advising, undertaking and implementing demerger of non-core assets of BEML

Stocks to watch: Affle India, BEML, RIL, auto stocks, RailTel, IOC, Vedanta

Vedanta Resources has raised $1.2 billion in a bond offering that saw strong investor interest

BEML, NAL sign MoU to jointly develop 2-seater trainer aircraft

BEML Limited has signed an MoU with Council of Scientific and Industrial Research (CSIR)-National Aerospace Laboratories (NAL) for joint development in the areas of advanced composites and autoclaves, mini-unmanned aerial vehicles, design & analysis of aircraft structure and systems. BEML also teamed with NAL for joint development of two seater trainer aircraft through transfer of technology, according to a BEML statement. "This will help BEML increase its footprint in the aerospace sector," the statement said.

BEML, RCF: Divestment may trigger a breakout in PSU stocks, charts show

If the Nifty PSE Index sustains above 2,800 levels on the closing basis, it may see a rally towards 3,100 levels

BEML rallies 8% as govt invites initial bids for strategic divestment

The government will sell 26 per cent out of the total 54.03 per cent stake it holds in the company along with transfer of management control.

Stocks to watch: RCFL, Tata Motors, RIL, BEML, Cadila Health, Adani Green

Tata Motors reported a 21 per cent increase in total vehicle sales in the domestic market to 53,430 units in December

Govt to divest 26% stake in BEML; EoI submission open till March 1

The sale could fetch the government Rs 1,055 crore, according to the company's share closing price on Friday

Govt invites preliminary bids for 26% strategic sale in defence PSU BEML

The government on Sunday invited preliminary bids for strategic sale of 26 per cent stake along with transfer of management control in defence PSU BEML

Panel likely to meet on Monday to finalise strategic sale of BEML

The panel will meet to finalise the preliminary information memorandum and expressions of interest, said a government official.

ITDC, BEML surge up to 17% on report govt may invite EoI for divestment

In the past seven trading days, BEML stock has advanced 36 per cent

BEML gains 5% as Porinju's firm picks stake; stock surges 51% in five weeks

Porinju Veliath's Equity Intelligence India bought 265,000 shares of the company at Rs 847.63 per share

BEML implements 'catch-up' plan to make up for output backlog due to Covid

The Bengaluru-headquartered company under the Ministry of Defence has set a revenue target of over Rs.4,000 crore for 2020-21, up from Rs 3,029 crore in the previous fiscal

L&T, BEML, Tata Power rise on Rs 2,580 crore deal with Defence Ministry

The Acquisition Wing, Ministry of Defence signed contracts with Bharat Earth Movers Ltd (BEML), Tata Power Company Ltd (TPCL), and Larsen & Toubro (L & T) on August 31.

BEML to provide 1,512 mine ploughs for Indian Army's battle tank T-90

A mine plough is a device that helps tanks clear minefields.

Strong metro rail orders, indigenisation initiatives bode well for BEML

New project wins and other segments will strengthen the already strong revenue visibility of 3.5 years

Strong metro rail order book, indigenisation initiatives bode well for BEML

New project wins and other segments will strengthen the already strong revenue visibility of three and a half years

BEML to firm up partnerships with Czech, Japanese firms to indigenise tech

Tie-ups through the EOIs would be for products that complement BEML's existing products

Analysts cautious on railway stocks despite resumption in train services

Analysts believe the resumption of passenger train services is like a sentimental boost from the government and can give a short-term bounce to the stocks, an extension of lockdown may dent sentiment

Coronavirus related order flows add to BEL, BEML's strong prospects

Existing defence orders in execution stage to remain BEL's earning drivers, while BEML to also gain from railway projects

Centre likely to pare stake in BEML to 26% via strategic disinvestment

The government has set an all-time high disinvestment target of Rs 1.05 lakh crore, up from Rs 90,000 crore projected in the Interim Budget 2019-20 in February.