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BEML gets nod to invest Rs 1,500 crore for greenfield rail facility in Madhya Pradesh

09 Feb 2026 Evaluate

BEML has received approval for an estimated investment of around Rs 1,500 crore for greenfield rail manufacturing facility ‘BRAHMA’ at Umariya, near Bhopal, Madhya Pradesh. The project will be financed by long term debt and is expected to be completed in phase manner in five years. The investment will enhance the company’s manufacturing capabilities. The board of directors of the company, at its meeting held on February 06, 2026, has approved the same.

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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