INSUBCONTINENT EXCLUSIVE:
Manas Jaiswal of manasjaiswal.com has a buy call on BEML Ltd
with a target price of Rs 950
The current market price of BEML Ltd
Time period given by analyst is Intra Day when BEML Ltd
price can reach defined target
Manas Jaiswal recommended to keep stoploss at Rs 889
BEML Ltd., incorporated in 1964, is a midcap company with a market cap of Rs 3796.10 crore.
BEML Ltd
key Products/Revenue Segments include Earth Moving Equipments which contributed Rs 1019.54 Crore to Sales Value (30.84 % of Total Sales),
Railway Items which contributed Rs 1017.75 Crore to Sales Value (30.79 % of Total Sales), Spare Parts Others which contributed Rs 687.02
Crore to Sales Value (20.78 % of Total Sales), Defence Items which contributed Rs 357.27 Crore to Sales Value (10.80 % of Total Sales), Sale
of services which contributed Rs 191.55 Crore to Sales Value (5.79 % of Total Sales), Scrap which contributed Rs 24.06 Crore to Sales Value
(0.72 % of Total Sales), Wind Energy which contributed Rs 8.22 Crore to Sales Value (0.24 % of Total Sales)for year ending 31-Mar-2018
For quarter ended 30-09-2018, company has reported a Standalone sales of Rs 734.05 Crore, up 61.44 % from last quarter Sales of Rs 454.68
Crore and up 6.44 % from last year same quarter Sales of Rs 689.65 Crore Company has reported net profit after tax of Rs 16.89 Crore in
Muralidhara, Mr.Rajib Kumar Sen, Mr.Sudhir Kumar Beri, Mr.Suraj Prakash, Mr.Suresh S Vastrad
Company has S R R K Sharma Associates as its auditoRs As on 30-09-2018, company has a total of 41,644,500 shares outstanding.
