BEML bags second order in a week: Firm secures ₹157 crore order from Loram Rail, shares trade lower

The defence PSU firm secured a fresh order worth ₹157 crore from Loram Rail Maintenance India Private Limited on Thursday. BEML will be manufacturing switch rail grinding machines for Loram, which will be supplied to Indian Railways for track maintenance.

During the week, the firm had also bagged another contract worth ₹414 crore from Bangalore Metro Rail Corporation Ltd (BMRCL) for the supply of additional trainsets.

The supply of additional trainsets is for the second phase of the Bangalore Metro Rail Project. The new contract comes as part of the ongoing efforts to expand the city's metro network and increase urban connectivity.

BEML, a public sector undertaking which manufactures metros and heavy equipment, will supply the additional trainsets to support increased passenger capacity and network expansion.

BEML had earlier secured a contract worth ₹405 crore from Bangalore Metro Rail Corporation Limited (BMRCL) for supplying seven additional metro trains for Bangalore Metro Rail Project Phase 2. BEML operates in three verticals—defence and aerospace, mining and construction and rail and metro.

It has manufacturing facilities in Bengaluru, Kolar Gold Fields (KGF), Mysore, and Palakkad, with R&D infrastructure and a nationwide network of sales and services.

BEML share price

Though shares of the firm were trading lower, BEML shares had touched an intraday high of ₹1,806.50 apiece on NSE. At 2:20 PM, BEML shares were trading at ₹1,768.70 apiece, declining 0.3%.

Over the past five trading sessions, shares of the company have lost 4%, while they have fallen over 18% in a month. In the last six months, the stock tumbled 19% and has declined 14% from the beginning of the year.

Shares of BEML hit a 52-week high of ₹2,437.40 on June 23, 2025, and a 52-week low of ₹1,175 on March 3, 2025.