BEML inks tripartite MoU to manufacture maritime, port cranes in India

BEML Ltd. | Construction Vehicles | Capital Goods & Industrial Consumables | BSE: 500048 | NSE: BEML

05 Dec 2025 Evaluate

BEML, HD Korea Shipbuilding & Offshore Engineering and HD Hyundai Samho Heavy Industries have signed a tripartite Memorandum of Understanding (MoU) to jointly design, develop, manufacture, and support next-generation conventional & autonomous maritime and port cranes in India, complemented by full after-sales, spares, and training support.

Earlier, the company had secured an order for manufacturing of Switch Rail Grinding Machines valued at Rs 157 crore from M/s Loram Rail Maintenance India.

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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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
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Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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