During the early morning trade session on 28 August, shares of BEML were trading 2% above their previous close after the company received an export order from Russia worth $19.71 million. 

BEML received an export order from KAMSS Ltd, Russia, to export BEML Dozer BD355 for an order value of $19.71 million. 

Earlier this month, BEML announced that it had received an order from the Ministry of Defence (Army) to supply Command Post Vehicles with a total order value of Rs 101 crore. 

On 7 August, the company bagged a rolling stock order from Bangalore Rail Corporation Ltd worth Rs 3,177 crore. 

In May, the company emerged as the lowest bidder to supply 318 coaches for Bengaluru Metro’s Phase 2, Phase 2A, and Phase 2B corridors.

The company is a public sector undertaking for manufacturing rail coaches, spare parts, and mining equipment. The company’s products can be used in diverse sectors: power, coal, limestone, irrigation, mining, road building, construction, steel, aviation, defence, metro and railways. 

During its April-June quarterly report, the company narrowed its net loss to Rs 75.01 crore from Rs 82.36 crore reported in the year-ago quarter. 

At 9:55 am, the shares of BEML were trading at Rs 2,138 or 1.69% above its previous close on NSE.