INSUBCONTINENT EXCLUSIVE:
Manas Jaiswal of manasjaiswal.com has a buy call on BEML with a target price of Rs 885
The current market price of BEML is Rs 846.15
Time period given by analyst is Intra Day when BEML price can reach defined target
Manas Jaiswal recommended to keep stoploss at Rs 824.
BEML, incorporated in the year 1964, is a Mid Cap company (having a market cap of Rs
3523.75 Crore) operating in Engineering sector
BEML key Products/Revenue Segments include Earth Moving Equipments which contributed Rs 902.28 Crore to Sales Value (31.83 per cent of
Total Sales), Spare Parts Others which contributed Rs 726.11 Crore to Sales Value (25.61 per cent of Total Sales), Railway Items which
contributed Rs 545.66 Crore to Sales Value (19.24 per cent of Total Sales), Defence Items which contributed Rs 434.83 Crore to Sales Value
(15.33 per cent of Total Sales), Sale of services which contributed Rs 195.55 Crore to Sales Value (6.89 per cent of Total Sales), Scrap
which contributed Rs 20.60 Crore to Sales Value (0.72 per cent of Total Sales), Wind Energy which contributed Rs 9.63 Crore to Sales Value
(0.33 per cent of Total Sales)for the year ending 31-Mar-2017
For the quarter ended 30-09-2018, the company has reported a Standalone sales of Rs 734.05 Crore, up 61.44 per cent from last quarter Sales
of Rs 454.68 Crore and up 6.44 per cent from last year same quarter Sales of Rs 689.65 Crore Company has reported net profit after tax of Rs
16.89 Crore in latest quarter
Mr.R H Muralidhara, Mr.Rajib Kumar Sen, Mr.Sudhir Kumar Beri, Mr.Suraj Prakash, Mr.Suresh S Vastrad.
