BEML Signs MoUs with Siemens India & Dragflow Italy; Stock Rises Over 6%

Summary: BEML Limited has entered into two strategic agreements to expand its presence in rail transport and dredging solutions : 1️⃣ MoU with Siemens India → To explore semi-high-speed, suburban, metro, and commuter rail opportunities . 2️⃣ MoU with Dragflow S.R.L., Italy → To strengthen indigenous dredging solutions. 📈 Stock Performance: BEML's stock rose above 6 % , surging to ₹2,641.10 from the previous close. Previous Close : ₹ 2,490.10 📊 Key Data Points: ✔ Rail MoU: Siemens India – Semi-high-speed, suburban, metro, and commuter trains. ✔ Dredging MoU: Dragflow Italy – Strengthening local dredging technology. ✔ Stock Movement: Surged over 6% post-announcement. About the Company Incorporated in 2000 with headquarters in Chennai SEPC Limited provides end-to-end solutions to engineering challenges offering multi-disciplinary design, engineering, procurement, construction and project management services. Disclaimer: The information provided on Bharat Stock Ne...