BEML Limited enters into 3 non-binding MoUs with DCIL

BEML Limited has entered into 3 non-binding MoUs for a value of Rs. 350 Crores with Dredging Corporation of India Limited (DCIL), for the following purposes:

1. Building of 5 nos. of Inland Cutter suction dredgers of different capacity under 'ATMANIRBHAR' Bharat Mission.

2. Supply of Cable dredgers & Long reach excavators with Dredge pump and customised dredging solutions for Dams / Reservoirs /Lakes etc dredging /de-siltation works.

3. Supply of Indigenous spares for DCIL dredgers.

Shares of BEML Limited was last trading in BSE at Rs. 4440.45 as compared to the previous close of Rs. 4312.35. The total number of shares traded during the day was 41309 in over 4997 trades.

The stock hit an intraday high of Rs. 4535.00 and intraday low of 4302.55. The net turnover during the day was Rs. 183215798.00.

Source : Equity Bulls

Keywords

BEML INE258A01016 NonBinding MoUs DCIL