BEML bags fresh contract worth ₹414 crore from BMRCL; shares slipped over 14% in 2025

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.

In a filing to NSE, the company said, “BEML Limited has secured an additional order from Bangalore Metro Rail Corporation Limited (BMRCL) for the supply of additional trainsets for the Bangalore Metro Rail Project, Phase II, valued at ₹414 crore.”

However, the company did not give further details on delivery timelines or train specifications.

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 ₹1,801.70 apiece on NSE. At 2:20 PM, BEML shares were trading at ₹1,761.80 apiece, declining 1.75%.

Over the past five trading sessions, shares of the company have lost 7%, while they have fallen over 19% in a month. In the last six months, the stock tumbled 18% and has declined 14.5% 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. Its market capitalisation stands at ₹14,671.36 crore.