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