BEML Limited, a state-owned Miniratna PSU, secured a ₹282 crore contract from the Ministry of Defence on August 5, 2025, to supply 8×8 High Mobility Vehicles (HMVs) for the Indian Army. These vehicles, designed for challenging terrains and extreme conditions, will play a key role in India’s Battlefield Surveillance System under the Atmanirbhar Bharat initiative, reflecting a major stride in indigenous defense manufacturing. Concurrently, BEML signed a Memorandum of Understanding with TuTr Hyperloop, an IIT Madras incubated deep-tech startup, to co-develop India’s first indigenous hyperloop transport prototype, marking a significant push into advanced mobility solutions. Despite notable contract wins, BEML’s shares remained relatively stable, underscoring its enduring investment strength even amid recent market fluctuations.