BEML gets USD 5.35M export order from Middle East for heavy equipment

Export Order Hard CurrencyBusiness Updates View source PDF

BEML · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+1.2%1-day move

₹1743.80

prior close

₹1763.80

base price

After-mkt

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AI summary

BEML Limited has bagged an additional export order worth about USD 5.35 Million from the Middle East region for heavy Earth Moving Equipment used in infrastructure development. With this new order, the value of the contract has risen from USD 36.38 Million to about USD 41.73 Million. BEML's total international order bookings as on date now stand at approximately USD 112.35 Million.

Likely market impact

Positive for revenue visibility. Export order in hard currency lifts total international order book to about USD 112.35 million.