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NHSRCL awards bullet train tender to BEML Limited

after close1 source ↓written by the desknot a recommendation

The National High-Speed Rail Corporation Limited (NHSRCL) has awarded a tender to BEML Limited for the Ahmedabad-Mumbai bullet train project. This contract encompasses the design, manufacturing, testing, commissioning, and maintenance of the rolling stock, emphasizing India's push for self-reliance in high-speed rail technology. 🚄 This move is expected to enhance domestic manufacturing capabilities and reduce reliance on foreign technology.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 1 May 2026, 16:10 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

BEML closed +1.7% on the day of the news, from ₹1,806.10 to ₹1,836.50; Nifty +0.5% over the same session.

Bulletin at 16:10 IST on 1 May 2026. Every change is measured from ₹1,806.10, the last close before it, on 30 Apr. Nifty 50 is measured over the same sessions.

  • BEML close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
BEML closes around the bulletin against the close before the news, with Nifty 50 rebased to it153718062076axis spans 35%before the news · 30 Apr1806Nifty 50BEMLbulletinD0+1+3+524 Apr7 May18 MayReference close ₹1,806.10. 16 sessions from 24 Apr to 18 May; the price axis spans 35 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before30 Apr₹1,806.10basebase
On the day4 May₹1,836.50▲ +1.7%▲ +0.5%+1.2 pp difference
+1 session5 May₹1,868.20▲ +3.4%▲ +0.1%+3.3 pp difference
+3 sessions7 May₹2,000.20▲ +10.8%▲ +1.4%+9.4 pp difference
+5 sessions11 May₹1,910.70▲ +5.8%▼ −0.8%+6.5 pp difference
Gap at the open, % · ₹
▼ −0.1%−1.08 on 4 May
Day's range, % · ₹
3.8%≈ 69 high to low
Volume on the day
0.57×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
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Source NSE UDiFF bhavcopy · BEML on the desk →

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