Dec 05, 2012, 12.07 PM | Source: PTI
State-run BEML Ltd today said it has bagged orders worth Rs 523 crore from Saudia Arabia and the Indian Railways.
BEML said the order from the Railways is for supplying of 600 rail coaches, 72 AC EMU (Alternating Current Electrical Multiple Unit) coaches and 64 MEMU (Mainline Electrical Multiple Unit) coaches. "BEML has bagged this order amidst stiff competition from various other global players. The total consignment has recently been shipped from Chennai Port to Jeddah Port," it said. The BEML scrip today closed at Rs 292.15 per share, up 0.95 per cent over the previous closing in the BSE.