BEML Shares Rise 1% on Kineco Defence & Aerospace Tie-Up

October 17, 2025October 17, 2025

Shares of BEML Ltd rose 1% to succeed in a day’s excessive of Rs 4,498 on seventeenth October. This occurred after the corporate introduced a partnership with Kineco Ltd. They’ll collaborate on superior composite manufacturing for defence and aerospace functions.

The Memorandum of Understanding (MoU) was signed in New Delhi. It was within the presence of BEML CMD Shantanu Roy, Kineco Founder and CMD Shekhar Sardessai, and senior officers from each firms.

Below the partnership, BEML and Kineco will collaborate to develop and manufacture superior supplies. These embody carbon fibre-reinforced polymer (CFRP) constructions, glass fibre-reinforced polymer (GFRP) panels, honeycomb cores, foams, and bonding supplies for metallic components.

These supplies are important for next-generation defence and aerospace techniques, offering light-weight power, sturdiness, and excessive efficiency.

“By combining Kineco’s composite experience with BEML’s engineering excellence, we purpose to create world-class options. These options assist India’s Aatmanirbhar Bharat and Make in India targets in defence expertise,” mentioned BEML CMD Shantanu Roy.

At 1:13 PM, the shares of BEML Ltd have been buying and selling 0.14% larger at Rs 4,432 on NSE.

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