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BEML and Kineco have entered into a Memorandum of Understanding (MoU). The companies have entered into MoU to collaborate in the field of advanced composite manufacturing for aerospace and Defence applications.

Earlier, the company had entered into a Tripartite MoU along with Bharat Forge and Data Patterns (India). The MoU had been signed to jointly support the Advanced Medium Combat Aircraft (AMCA) programme and to participate in the Expression of Interest (EoI) floated by Aeronautical Development Agency (ADA).

BEML is a Public Sector Undertaking for manufacture of Rail Coaches & Spare Parts and Mining Equipment.

Peers
Company Name CMP
BEML 1940.85
Action Const. Equip 1130.55
Sanghvi Movers 401.50
TIL 243.60
Brady & Morris Engg. 670.80
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