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BEML: Stock jumps after signing MoU with Kineco

BEML Limited has signed a Memorandum of Understanding with Kineco Limited to collaborate in advanced composite manufacturing for aerospace and defence applications under normal business operations.

Introduction

Leading defence and aerospace equipment manufacturer has signed an MoU with Kineco Limited to collaborate in advanced composite manufacturing for aerospace and defence applications.

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Share price movement of BEML

On October 17, 2025, BEML Limited opened at ₹4,451.30, up 0.64% from its previous close of ₹4,423.05. The stock reached a high of ₹4,498.00 (1.69%) and a low of ₹4,411.45. By 3:04 PM, it traded at ₹4,424.00, a 0.02% increase, with a market cap of ₹18,453.09 crore.

BEML Signs MoU with Kineco Limited

BEML Limited has signed a Memorandum of Understanding (MoU) with Kineco Limited. The agreement focuses on collaboration in advanced composite manufacturing for aerospace and defence applications.

The collaboration between BEML Limited and Kineco Limited is in the normal course of business. The company shared this information as per Regulation 30 of SEBI (LODR) Regulations, 2015.

Recent news on BEML

As of September 26, 2025, BEML Ltd signed a tripartite MoU with Bharat Forge Ltd and Data Patterns (India) Ltd to support India’s Advanced Medium Combat Aircraft (AMCA) programme.

Stock performance of BEML for Period of 1 week, 6 months, and 1 year

BEML Limited delivered a 1.42% return over the past week, gained 42.3% in the past six months, and rose 13.2% over the past year.

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Shareholding pattern of BEML

ParticularsSep 2025Jun 2025Mar 2025
Promoter54%54%54%
FII6%6%7%
DII18.50%18.80%18.70%
Public21.60%21.50%20%

About BEML

BEML Ltd (NSE Symbol: BEML) manufactures heavy earthmoving equipment for mining and construction, vehicles for defense forces, and metro coaches. It serves industries including defense, mining, infrastructure, power, and rail transportation systems.

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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

Q: Why is BEML Limited share price going up today?

A: BEML Limited share price is rising after it signed an MoU with Kineco Limited to collaborate in advanced composite manufacturing for aerospace and defence.

Q: What does BEML Limited specialize in?

A: BEML Limited specializes in manufacturing heavy earthmoving equipment, defence vehicles, and metro coaches for various industrial and government sectors.

Q: What is the 52-week high and low of BEML Limited stock?

A: The 52-week high of BEML Limited stock is ₹4,874.85, and the 52-week low is ₹2,346.35.

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