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BEML inks MoU with defence ministry for production of various weapons platforms

05 Jul 2017 Evaluate

Bharat Earth Movers (BEML) has signed an agreement with the defence ministry for production of various weapons platforms for the armed forces in 2017-18, setting a revenue target of Rs 3,000 crore for the year. The memorandum of understanding (MoU) outlines targets on various performance parameters for the company during the year.

The defence public sector utility is also planning to take up overhaul and upgrading of battle tanks with a view to assemble and roll out the products.

BEML is a Public Sector Mini Ratna Category-I Company under the Ministry of Defence and the premier manufacturer of Metro Cars. The company is the leading rolling stock supplier in the Country.

BEML Share Price

1771.10 30.95 (1.78%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
BEML 1771.10
Action Const. Equip 916.35
Sanghvi Movers 304.25
TIL 206.55
Brady & Morris Engg 828.40
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