BEML can give some brave upward moves in the coming time.
BEML Ltd. is the leading manufacturer of heavy earth moving equipment in Asia and an Indian Public Sector Company under the Ministry of Defence, Govt. of India. It is a Mini Ratna Public Sector Enterprise, operating in three distinct business verticals namely Mining & Construction, Defence & Aerospace and Rail & Metro. BEML Ltd. CMP is 3091.05.
The Negative aspects of the company are High Valuation (P.E. = 70.5), The company's Positive aspects are No debt, Zero promoter pledge, FIIs are increasing stake, MFs are increasing stake, Improving annual net profit and Improving cash from operations annual.
Entry can be taken after closing above 3104. Targets in the stock will be 3249, 3375 and 3505. The long-term target in the stock will be 3725 and 3868. Stop loss in the stock should be maintained at Closing below 2684.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
The Negative aspects of the company are High Valuation (P.E. = 70.5), The company's Positive aspects are No debt, Zero promoter pledge, FIIs are increasing stake, MFs are increasing stake, Improving annual net profit and Improving cash from operations annual.
Entry can be taken after closing above 3104. Targets in the stock will be 3249, 3375 and 3505. The long-term target in the stock will be 3725 and 3868. Stop loss in the stock should be maintained at Closing below 2684.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Happy Candles Investment