BEML secures $60 million metro rolling stock order
after close1 source ↓written by the desknot a recommendation
- ₹555 crore
- $60 million
BEML has secured its first overseas order for metro rolling stock, valued at approximately $60 million (₹555 crore). This order involves designing, manufacturing, supplying, testing, and commissioning stainless-steel standard-gauge metro rolling stock for the African region.
This development is expected to enhance BEML's market position and could positively influence share prices as it marks a significant milestone in expanding its international footprint.
Not investment advice. For informational purposes only.