Stock Market Today, May 12 -- Defence Stock BEML saw its share price gain almost 4.5% as it announced land acquisition in the state MP. The land acquisition is for Expansion project and it plans setting up a construction project
BEML operates in three main verticals, Defence & Aerospace, Rail & Metro, and Mining & Construction
In the Defence and Aerospace segment, Bridge Layer, Field Artillery Tractor, Medium & Heavy Recovery Vehicle, Pontoon Mainstream Bridge Systems, Crash Fire Tenders, Mobile Mast Vehicle, and other BEML Tatra vehicle variants are manufactured by BEML Defence for use in all types of terrain operations.
Looking at the requirement by Indian Defence forces for these products that are set to rise post India-Pakistan con...
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