INSUBCONTINENT EXCLUSIVE:
Dr CK Narayan of Chart Advise has buy call on BEML Ltd
with a target price of Rs 790.0
The current market price of BEML Ltd
is Rs 774.55 Time period given by analyst is Intra Day when BEML Ltd
price can reach defined target
Dr CK Narayan recommended to keep stoploss at Rs 765
BEML Ltd., incorporated in the year 1964, is a Mid Cap company (having a market cap
of Rs 3225.57 Crore) operating in Engineering sector
key Products/Revenue Segments include Earth Moving Equipments which contributed Rs 902.28 Crore to Sales Value (31.83 % of Total Sales),
Spare Parts Others which contributed Rs 726.11 Crore to Sales Value (25.61 % of Total Sales), Railway Items which contributed Rs 545.66
Crore to Sales Value (19.24 % of Total Sales), Defence Items which contributed Rs 434.83 Crore to Sales Value (15.33 % of Total Sales), Sale
of services which contributed Rs 195.55 Crore to Sales Value (6.89 % of Total Sales), Scrap which contributed Rs 20.60 Crore to Sales Value
(0.72 % of Total Sales), Wind Energy which contributed Rs 9.63 Crore to Sales Value (0.33 % 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 % 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
Mr.R H Muralidhara, Mr.Rajib Kumar Sen, Mr.Sudhir Kumar Beri, Mr.Suraj Prakash
Company has S R R K Sharma Associates as its auditoRs As on 30-09-2018, the company has a total of 41,644,500 shares outstanding.
