Stock to Watch: BEML shares in spotlight after winning contract to make India’s 1st bullet rail

BEML has secured a Rs 866.87 crore contract from the Integral Coach Factory to develop Indias first high-speed train. The project includes designing, manufacturing, and commissioning two trainsets. They will be built in Bengaluru and are expected to be delivered by the end of 2026. BEML shares have shown significant gains over the past year.