{"id":371264,"date":"2020-09-02T10:32:39","date_gmt":"2020-09-02T05:02:39","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=371264"},"modified":"2020-09-02T10:54:48","modified_gmt":"2020-09-02T05:24:48","slug":"lt-beml-tata-power-rise-on-rs-2580-crore-deal-with-defence-ministry","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/lt-beml-tata-power-rise-on-rs-2580-crore-deal-with-defence-ministry\/","title":{"rendered":"L&amp;T, BEML, Tata Power rise on Rs 2,580 crore deal with Defence Ministry"},"content":{"rendered":"<p>Shares of Larsen &amp; Toubro (L&amp;T), Tata Power, and Bharat Earth Movers (BEML), gained on the BSE on Tuesday, a day after the Defence Ministry signed contracts with these companies worth Rs 2,580 crore to procure Pinaka rocket launchers for six Army regiments. <\/p>\n<p>At 09:32 AM, L&amp;T was trading over 1.7 per cent higher at Rs 961.65. It hit a high of Rs 965.95 in the opening deals. Tata Power was trading over 2 per cent higher at Rs 60.05 while BEML hit a high of Rs 699.95, up 4.5 per cent against Monday&#8217;s close of Rs 669.2. <\/p>\n<p>In comparison, the benchmark S&amp;P BSE Sensex was trading nearly a per cent higher at 38,974.68 levels. <\/p>\n<p>The Acquisition Wing, Ministry of Defence signed contracts with Bharat Earth Movers Ltd (BEML), Tata Power Company Ltd (TPCL), and Larsen &amp; Toubro (L &amp; T) on August 31, a statement from the ministry said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Larsen &amp; Toubro (L&amp;T), Tata Power, and Bharat Earth Movers (BEML), gained on the BSE on Tuesday, a day after the Defence Ministry signed contracts with these companies worth Rs 2,580 crore to procure Pinaka rocket launchers for six Army regiments. At 09:32 AM, L&amp;T was trading over 1.7 per cent higher at Rs 961.65. It hit a high of Rs 965.95 in the opening deals. Tata Power was trading over 2 per cent higher at Rs 60.05 while BEML hit a high of Rs 699.95, up 4.5 per cent against Monday&#8217;s close of Rs 669.2. In comparison, [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-371264","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/371264","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=371264"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/371264\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=371264"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=371264"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=371264"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}