BEML Ltd
BEML

1,381.30

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

1,383.05

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

1,385.95

Open ()
Open Interest
(Contracts)
VWAP ()
Day's Vol
(shares)
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Accumulate
Reco. Price
Rs 1365.00
We recommend ACCUMULATE on the stock due to higher demand emanating from mining sector. Further, company’s defence segment is also expected to aid revenue growth. The stock is trading at premium of 66.2x P/E on FY18E earnings. (Target Price: Rs 1492)
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50 DMA (.)
1,321.05
100 DMA (.)
1,179.61
200 DMA (.)
1,061.88
Weekly Range (.)
1,342.00
1,400.30
Monthly Range (.)
1,282.35
1,409.40
52 Weeks Range (.)
771.00
1,409.40
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