BEML Limited has informed the Exchange about Bagging/Receiving of orders/contracts

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

+5.5%1-day move

₹1625.80

prior close

₹1607.40

base price

In-mkt

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+1.3+1.1+0.8—+5.5+7.4+9.5+6.9+9.1+13.0+16.6+13.5+9.8+16.1

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AI summary

BEML Limited has announced securing an export order worth USD 36.38 million from the Middle East region for supplying heavy Earth Moving Equipment used in infrastructure development. This is in addition to their existing international order book. With this new order, BEML's total international order bookings now stand at approximately USD 106.95 million. The company stated this is in the normal course of business. The order was disclosed under SEBI (LODR) Regulations, 2015.

Likely market impact

This export order in foreign currency strengthens BEML's order book and demonstrates growing international business traction, which is positive for revenue visibility and foreign exchange earnings.