{"id":146151,"date":"2025-03-13T12:35:13","date_gmt":"2025-03-13T07:05:13","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=146151"},"modified":"2025-03-13T12:35:16","modified_gmt":"2025-03-13T07:05:16","slug":"defence-stock-jumps-6-after-signing-mous-with-siemens-and-dragflow-s-r-l","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/defence-stock-jumps-6-after-signing-mous-with-siemens-and-dragflow-s-r-l\/","title":{"rendered":"Defence stock jumps 6% after signing MOUs with Siemens and Dragflow S.R.L"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-249117368\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>This defence stock specializes in manufacturing battle tank engines, metro trains, mining machinery, and military vehicles, covering defence, rail, and heavy equipment sectors, jumped 6 percent after signing two important Memorandums of Understanding (MoUs) with Siemens and Dragflow S.R.L.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-529395761\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Stock Price Movement:<\/strong><\/h2><p>With a market capitalization of Rs. 10,931.68 crores, the share of <strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/BEML\" target=\"_blank\" rel=\"noreferrer noopener\">BEML Limited<\/a><\/strong> has reached an intraday high of Rs. 2,642.10 per equity share, rising nearly around 6.16 percent from its previous day\u2019s close price of Rs. 2,488.70. Since then, the stock has retreated and is currently trading at Rs. 2,625 per equity share.\u00a0<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What Happened:<\/strong><\/h2><p>BEML Limited has signed two important Memorandums of Understanding (MoUs). The first MoU is with Siemens Limited, India, to explore joint opportunities in the semi-high-speed and suburban passenger train segments, along with metro and commuter rail markets.&nbsp;<\/p><p>The second MoU is with Dragflow S.R.L., Italy, to strengthen indigenous dredging solutions. These collaborations aim to enhance BEML\u2019s capabilities in the transportation and dredging sectors, driving innovation and growth in these key areas.<\/p><div class=\"trade-content_5\" id=\"trade-1563021433\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Order Book:<\/strong><\/h2><p>BEML Limited&#8217;s order book was Rs. 11,423 crore in September 2024, a 10.4 percent decrease compared to Rs. 12,743 crore in September 2023. For the full fiscal year 2024 (FY24), the order book totals Rs. 11,872 crore.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Product Portfolio:<\/strong><\/h2><p>The company specializes in advanced defence and industrial manufacturing, offering a wide range of products they develop themselves. In defence, they make engines for battle tanks, bulletproof vehicles, mine equipment, and solutions for mobility.<\/p><p>In the rail and heavy machinery sector, they produce Vande Bharat sleeper trains, metro cars, bulldozers, dump trucks, and motor graders, showcasing their skills in transportation, construction, and mining equipment.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Recent quarter results:<\/strong><\/h2><p>BEML Limited&#8217;s revenue fell from Rs. 1,047 crore in Q3 FY24 to Rs. 876 crore in Q3 FY25, marking a decrease of 19.52 percent. Their net profit also dropped by 50 percent, from Rs. 48 crore in Q3 FY24 to Rs. 24 crore in Q3 FY25.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written By &#8211; Nikhil Naik<\/strong><\/p><\/blockquote><p class=\"has-medium-font-size\"><strong>Disclaimer<\/strong><\/p><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing<\/strong>.<\/p><div class=\"trade-content-10\" id=\"trade-3830624497\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><div class=\"trade-after-content\" id=\"trade-1573262784\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>This defence stock specializes in manufacturing battle tank engines, metro trains, mining machinery, and military vehicles, covering defence, rail, and heavy equipment sectors, jumped 6 percent after signing two important Memorandums of Understanding (MoUs) with Siemens and Dragflow S.R.L. Stock Price Movement: With a market capitalization of Rs. 10,931.68 crores, the share of BEML Limited [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":21325,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[9631,21749,9630,6247,948,936,2597],"class_list":["post-146151","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-beml-latest-news","tag-beml-new-mou","tag-beml-share-price","tag-defence-stock","tag-stock-market","tag-stock-market-news","tag-stocks-to-watch"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Defence stock jumps 6% after signing MOUs with Siemens and Dragflow S.R.L - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/defence-stock-jumps-6-after-signing-mous-with-siemens-and-dragflow-s-r-l\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Defence stock jumps 6% after signing MOUs with Siemens and Dragflow S.R.L\" \/>\n<meta property=\"og:description\" content=\"This defence stock specializes in manufacturing battle tank engines, metro trains, mining machinery, and military vehicles, covering defence, rail, and heavy equipment sectors, jumped 6 percent after signing two important Memorandums of Understanding (MoUs) with Siemens and Dragflow S.R.L. 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