in September said that the government has intimated the Expression of Interest (EoI) / Preliminary Information Memorandum (PIM) document in respect of disinvestment of shareholding of BEML
in Vignyan Industries (VIL). BEML holds 96.56 per cent stake in VIL.
Meanwhile, earlier this month, BEML had bagged further orders worth Rs 729 crore from Delhi Metro Rail Corporation. The order is for ‘RS15’ design, manufacture, supply, testing and commissioning of 80 broad-gauge intermediate cars compatible with the existing ‘RS1’ type trains for conversion of six-car train set to eight-car train.
At 10:14 am, BEML was trading 7 per cent higher at Rs 1,079 on the BSE, as compared to a 0.34 per cent rise in the S&P BSE Sensex. A combined 1.5 million equity shares have changed hands on the counter on the NSE and BSE so far.