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Navratna stock jumps after signing MoU with Siemens for passenger train, metro and commuter rail markets

Prominent Navratna company has partnered to expand its rail and dredging solutions. The MoUs aim to enhance semi-high-speed, metro, and commuter rail projects while boosting indigenous dredging capabilities for infrastructure development.
Navratna stock surges after MoU with Siemens for passenger train and metro expansion.
Navratna stock surges after MoU with Siemens for passenger train and metro expansion.

Introduction:

Leading Navratna company has signed MoUs to enhance its presence in the rail and dredging sectors. The agreements focus on developing semi-high-speed, metro, and commuter rail solutions, along with strengthening indigenous dredging capabilities for advanced infrastructure projects.

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Also Read: Cable stock jumps after receiving order worth ₹3,003 Cr from BSNL in Bihar

Share price movement of BEML:

On March 13, 2025, BEML Ltd opened at ₹2,530.00, rising 5.34% from its previous close of ₹2,488.70. The stock hit a high of ₹2,642.10 (6.16%) and a low of ₹2,470.00. By 10:46 AM, it traded at ₹2,621.70, with a market cap of ₹10,917.94 crore.

BEML Partners for Rail and Dredging:

BEML Limited has signed a non-binding MoU with Siemens Limited, India, to explore opportunities in semi-high-speed and suburban passenger train segments. This collaboration aims to enhance metro and commuter rail markets, strengthening India’s railway infrastructure and urban mobility.

Additionally, BEML has partnered with Dragflow S.R.L., Italy, to develop indigenous dredging solutions. This agreement focuses on advancing dredging technology, supporting India’s waterway infrastructure, and promoting self-reliant solutions under the Make in India initiative, ensuring long-term industry growth.

These strategic collaborations align with BEML’s vision of innovation and expansion. By leveraging global expertise and advanced technology, the company aims to reinforce its market position while contributing to India’s transportation, rail, and waterway development efforts.

Recent news on BEML:

As of February 06, 2025, BEML Ltd reported a 49.4% decline in consolidated net profit to ₹24.41 crore in Q3 FY25. Revenue from operations fell 16.4% YoY to ₹875.77 crore, while total expenses dropped 16.1% YoY to ₹850.70 crore.

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

The company’s performance has been under pressure, with a 3.56% decline in the past week. Over six months, it has dropped 36.6%, and in the last year, it recorded an 8.97% loss, reflecting continued challenges in market conditions.

Also Read: Waste water management stock jumps after receiving orders worth ₹360 Cr from Gail and IOCL

Shareholding pattern of BEML:

ParticularsDec 2024Sep 2024Jun 2024
Promoter54.00%54.00%54.00%
FII7.40%5.70%6.80%
DII18.10%18.50%20.20%
Public20.50%21.80%19.10%
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About BEML:

BEML Ltd (NSE: BEML) is a leading manufacturer of heavy earthmoving equipment for mining and construction, defense vehicles, and metro and railway coaches, serving key industries with advanced engineering solutions and a strong presence in infrastructure development.

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.

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