Defence Engineering Company Bags Two Orders Worth Rs 4,01,20,000 From Bharat Earth Movers Ltd (BEML)

On Wednesday, shares of Trident Techlabs Limited hit a 5 per cent upper circuit to Rs 523.15 per share from its previous closing of Rs 498.25 per share. The stock’s 52-week high is Rs 1,670 per share while its 52-week low is Rs 401.05 per share.

Trident Techlabs Limited has been awarded two contracts by Bharat Earth Movers Limited (BEML), a Public Sector Undertaking under the Ministry of Defence. The contracts, valued at a combined INR 4,01,20,000, are for providing multiphysics and multidisciplinary simulation tools. These advanced tools are intended to help BEML design, simulate, and analyse complex systems related to hydraulics, powertrains, drivelines, and mechatronics, with a specific focus on applications for Electric Vehicles (EVs) and Artificial Intelligence (AI). This technology is expected to streamline BEML's product development, lower prototyping costs, and improve system reliability in critical applications, which aligns with India’s national goals for green mobility.

This is the first time Trident Techlabs and BEML have partnered, marking the start of a new strategic relationship. Securing these contracts from a major defence-sector organisation like BEML demonstrates significant confidence in Trident Techlabs' technical expertise and solutions. This achievement is a key milestone for the company, strengthening its credibility for critical national and defence projects and expanding its footprint within the industry. Both contracts are scheduled for completion by October 7, 2025.

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Trident Techlabs Ltd, founded in 2000, is a technology company that offers engineering solutions, including consulting and technical services, to a wide range of industries like aerospace, defence, automotive, telecommunications, semiconductor and power distribution. They also provide specific power system solutions to assist power distribution utilities in managing their infrastructure and integrating renewable energy sources.

The company has a market cap of over Rs 900 crore. The shares have an ROE of 50 per cent and an ROCE of 38 per cent. The stock is up over 30 per cent from its 52-week low of Rs 401.05 per share.

Disclaimer: The article is for informational purposes only and not investment advice.