Ministry of Defence has signed a tripartite Memorandum of Understanding (MoU) with BEML Limited, Bharat Electronics Limited (BEL) and Mishra Dhatu Nigam Limited (MIDHANI) for indigenous development of Advanced Fuelling and Control System for Engines for heavy duty applications. The MoU was inked with Chairman & Managing Director, BEML Limited Shri Shantanu Roy; CMD, MIDHANI Dr SK Jha; and CMD, BEL Shri Bhanu Prakash Srivastava, in the presence of Defence Secretary Shri Giridhar Aramane in New Delhi on March 04, 2024.
This collaborative initiative will focus on leveraging indigenous capabilities to design, test, and manufacture an Advanced Fuelling and Control System that offers enhanced efficiency, performance, and reliability. By harnessing the latest advancements in engine technology and control systems, the companies aim to extend their domain expertise for development of engine systems which will ensure self-reliance in the field of Combat vehicles. The MoU corroborates the resolve of the Government to develop complex technologies within the country under the 'Aatmanirbhar Bharat' initiative.
Shares of BEML Limited was last trading in BSE at Rs. 3209.65 as compared to the previous close of Rs. 3207.40. The total number of shares traded during the day was 21977 in over 4108 trades.
The stock hit an intraday high of Rs. 3274.70 and intraday low of 3109.00. The net turnover during the day was Rs. 70125951.00.
Shares of Bharat Electronics Limited was last trading in BSE at Rs. 209.60 as compared to the previous close of Rs. 206.55. The total number of shares traded during the day was 1027864 in over 10942 trades.
The stock hit an intraday high of Rs. 212.95 and intraday low of 206.35. The net turnover during the day was Rs. 216395956.00.
Shares of Mishra Dhatu Nigam Limited was last trading in BSE at Rs. 420.75 as compared to the previous close of Rs. 427.10. The total number of shares traded during the day was 21949 in over 717 trades.
The stock hit an intraday high of Rs. 432.45 and intraday low of 419.40. The net turnover during the day was Rs. 9317978.00.