Introduction
Leading mining equipment company signed a MoU with Tesmec, S.p.A Italy to introduce Surface Miner equipment for mining applications, expanding its product offerings as part of normal business operations.
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Share price movement of BEML
On October 24, 2025, BEML Limited opened at ₹4,438.00, up 0.91% from its previous close of ₹4,397.80. The stock reached a high of ₹4,553.50 (3.49%) and a low of ₹4,420.10. By 3:49 PM, it traded at ₹4,434.40, a 0.83% increase, with a market cap of ₹18,466.84 crore.
BEML signs MoU with Tesmec Italy
BEML Limited signed a Memorandum of Understanding (MoU) with Tesmec, S.p.A Italy to introduce Surface Miner equipment for mining applications. The agreement is part of normal business operations.
The MoU allows BEML to expand its mining equipment offerings using Tesmec technology. No financial details or related party interests were disclosed in the announcement.
Recent news on BEML
As of September 26, 2025, BEML Limited signed a tripartite MoU with Bharat Forge and Data Patterns to participate in the AMCA programme and enhance India’s indigenous defense manufacturing capabilities.
Stock performance of BEML for Period of 1 week, 6 months, and 1 year
BEML Ltd delivered a -0.49% return over the past week, it gained 44.2% in the past six months. The stock rose 13.6% over the past year.
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Shareholding pattern of BEML
| Particulars | Sep 2025 | Mar 2025 | Dec 2024 |
| Promoter | 54.00% | 54.00% | 54.00% |
| FII | 5.80% | 5.70% | 7.30% |
| DII | 18.50% | 18.80% | 18.70% |
| Public | 21.60% | 21.50% | 20.00% |
About BEML
BEML Ltd (NSE: BEML) manufactures heavy earthmoving equipment for mining and construction, defense vehicles, and metro and Indian Railways coaches, serving multiple industries with a diverse range of products in India.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
A: BEML Limited share price is rising after signing a MoU with Tesmec, S.p.A Italy to introduce Surface Miner equipment for mining applications.
A: BEML Limited specializes in manufacturing heavy earthmoving equipment, defense vehicles, and coaches for metro and Indian Railways across India.
A: BEML Limited stock has a 52-week high of ₹4,874.85 and a 52-week low of ₹2,346.35.
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