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BEML Shares Surge on Securing Bengaluru Metro Contract Worth ₹405 Crore

Written by: Team Angel OneUpdated on: Mar 28, 2025, 2:49 PM IST
BEML shares surge on securing a ₹405 crore contract from BMRCL for metro car supply and maintenance and contributing to Bengaluru's metro expansion.
BEML Shares Surge on Securing Bengaluru Metro Contract Worth ₹405 Crore
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BEML Limited has been awarded a significant contract by Bengaluru Metro Rail Corporation Limited (BMRCL) for the design, manufacture, supply, installation, testing, and commissioning of metro cars. The agreement also includes personnel training and comprehensive maintenance for up to 15 years.

Metro Expansion and BEML’s Role

Bengaluru Metro is undergoing rapid expansion to enhance urban mobility, and BEML’s role in this project is crucial. As a leading manufacturer of rail and metro equipment, BEML will provide standard-gauge metro cars tailored to meet the city’s transit needs. The inclusion of long-term maintenance ensures operational efficiency and reliability.

Financial and Business Implications

The contract, valued at approximately ₹405 crore, aligns with BEML’s business growth strategy. This deal reinforces its strong position in the metro rail segment and showcases its expertise in large-scale infrastructure projects. Given the rising demand for metro networks in India, such contracts contribute to sustained revenue and sectoral growth.

BEML Share Performance 

As of March 28, 2025, at 9:20 AM, BEML share price was trading at ₹3,236.60 per share, reflecting a surge of 3.06% from the previous day’s closing price. Over the past month, the stock has seen a surge of 31.86.%

Conclusion

This contract strengthens BEML’s presence in the metro sector while supporting Bengaluru’s public transport expansion. The company’s continued involvement in major infrastructure projects highlights its capabilities and market competitiveness.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Mar 28, 2025, 2:49 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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