This was in addition to 92 cars being manufactured for Delhi Metro, the company said. The company forayed into the manufacture and supply of hi-tech Metro Cars during 2002.
BEML Limited today said it has bagged an order worth Rs 570 crore from Delhi Metro Rail Corporation for the supply of 70 cars.
This was in addition to 92 cars being manufactured for Delhi Metro, the company said. The company forayed into the manufacture and supply of hi-tech Metro Cars during 2002.
Since then, BEML has made significant strides and has emerged as the preferred destination of Metro coach manufacturer in the country, BEML claimed.
BEML has so far supplied more than 700 metro cars to Delhi Metro, Bangalore Metro and Jaipur Metro, the company said in a release.
The company said with the new order, its order book position, representing all the three business verticals --Mining & Construction, Rail & Metro and Defence Business, has crossed Rs 6,400 crore mark.
BEML stock price
On October 08, 2014, BEML closed at Rs 581.40, up Rs 4.25, or 0.74 percent. The 52-week high of the share was Rs 877.50 and the 52-week low was Rs 165.75.
The latest book value of the company is Rs 499.40 per share. At current value, the price-to-book value of the company was 1.16.
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