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BEML Ltd share Price Today

Company details

4,000.00
4,784.00
1,500.00
4,800.00
6M Return 84.41%
1Y Return 214.61%
Mkt Cap.(Cr) 19,640.41
Volume 4,978,296
Div Yield 0.43%
OI
-
OI Chg %
-
Volume 4,978,296

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Technical Outlook
    Nifty PSU stocks continued to outperform maintaining a higher high-low in all time frames. Within this sector, we remain constructive on BEML as it has generated a breakout above falling channel containing last eight month’s corrective decline signalling resumption of up move, thus offering a fresh entry opportunity

    Buying demand has recently emerged after forming a triple bottom around the key support area ₹ 1150-1200 that is also confluence of the 200 week’s EMA signalling strength

    Structurally, the stock has already taken 33 weeks to retrace just 90% of its preceding 11 week’s rally (₹ 1107-1933). A shallow retracement signals a robust price structure and a higher base formation

    We expect the stock to extend the current up move and head towards ₹ 1530 in the coming months as it is the 50% retracement of the entire breather (1933-1128)

Q1FY

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Research view on more stocks

BEML Ltd shares SWOT Analysis

Strengths (18)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Company with high TTM EPS Growth
  • Strong Annual EPS Growth

Weakness (1)

  • MFs decreased their shareholding last quarter

Opportunity (3)

  • Highest Recovery from 52 Week Low
  • RSI indicating price strength
  • High Volume, High Gain

Threats (1)

  • High PE (PE > 40)

Resistance and support

R1 5,000.1
R2 5,284.1
R3 5,784.1
Pivot

4,500.05

S1 4,216.1
S2 3,716.1
S3 3,432.1
EMA SMA
4,100.5
3,844.6
3,522.2
3,064.7
4,246.5
3,793.5
3,484.6
2,974.9
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2024-06-14 4395.66 298482 NSE
HRTI PRIVATE LIMITED Bulk Purchase 2024-06-14 4499.71 225667 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Sell 2024-06-14 4396.9 298482 NSE
Name Category Shares
PRESIDENT OF INDIA PROMOTER 54.03%

OUR RESEARCH VIEW

Investment recommendation
Call Date
04 May 2023
Entry Price 1,320.00
Target Price 1,555.00
Duration
3 Month

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

BEML Ltd Stocks COMPARISON

Financials( in Cr) BEML Ltd Hindustan Aeronautics Ltd Bharat Electronics Ltd Solar Industries India Ltd Cochin Shipyard Ltd
Price 4,716.15 5,200.55 309.60 9,898.15 2,122.35
% Change 17.05 1.98 2.89 1.63 5.76
Mcap Cr 19,640.41 347,799.78 226,310.76 89,568.36 55,835.00
Revenue TTM Cr 3,898.95 26,927.46 17,734.44 6,922.53 2,364.55
Net Profit TTM Cr 157.89 5,827.73 2,940.35 811.17 304.71
PE TTM 69.78 45.63 56.80 107.08 71.27
1 Year Return 214.61 185.81 153.56 155.65 669.66
ROCE 8.07 18.83 26.98 36.06 7.96
ROE 6.61 27.18 22.49 35.86 5.89
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 2,421.48 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 34,088.77 -1,030.79
LAST 3M 113,155.52 -39,495.50
LAST 6M 184,812.44 -13,263.60
LAST 12M 291,038.85 99,015.20
BEML Limited - Updates

Jun 14, 2024 l NSE Announcement

BEML Limited - Loss of Share Certificates

Jun 13, 2024 l NSE Announcement

BEML Limited - Loss of Share Certificates

Jun 12, 2024 l NSE Announcement

Date Action Type Ratio
Feb 16, 2024 Dividend 50
Sep 20, 2023 Dividend 50
Feb 24, 2023 Dividend 50

BEML Ltd Information

Stock PE (TTM)
69.78
Promoter Holding
54.03%
Book Value
640.6916
ROCE
8.07%
ROE
6.61%
Description
  • Bharat Earth Movers Limited or BEML is an Indian company that operates in three segments – Mining and Construction, Defence and Aerospace, and Rail and Metro. The company manufactures and distributes defense and mining equipment, such as high-mobility trucks, aircraft towing tractors, recovery vehicles, pontoon bridge systems, bulldozers, excavators, dump trucks, water sprinklers, steel wagons, etc. The company was incorporated in 1964 and its corporate office in India is located in Bengaluru, Karnataka. As of 14 October 2022, the market capitalisation of the company stood at Rs 6,327 crore.

    The company floated its IPO in July 2007 to raise Rs 526.75 crore through the sale of 49 lakh equity shares. The company is listed on both the National Stock Exchange (NSE) as well as the Bombay Stock Exchange (BSE) under the codes “BEML” and “500048”.

    The company is a Schedule “A” company under the Ministry of Defence for supplying defence equipment to the Government. It also supplies rail coaches, metro coaches, overhead equipment cars, and EMUs to various state governments. It has four manufacturing units in India at Bengaluru, Kolar Gold Fields, Mysuru, and Palakkad. For the quarter that ended June 2022, the company reported consolidated sales of Rs 669.18 crore but suffered a net loss of Rs 82.36 crore.

    The shareholding pattern of BEML Limited, as of June 2022, reflected a 54.03% stake in the company is held by promoters, a 21.31% stake is held by retail investors and others, a 16.64% stake is invested in mutual funds, a 5.91% stake belonged to Foreign institutional investors, and the remaining 2.11% stake belonged to other domestic institutions. Top mutual funds in which the company has invested include Sundaram Focussed Fund Direct Growth, Kotak Small Cap Fund Direct Growth, Quant Small Cap Fund Direct Growth, and L&T Infrastructure Fund Direct Growth.

    The company’s management team comprises Mr S V Ravisekhar Rao (Company Secretary and Compliance Officer), Mr M V Rajasekhar (Director (Mining)), Mr Balmuri Vanitha (Non-Executive and Independent Director), Mr Ajit Kr Srivastava (Director (Defence Business)), and Mr Amit Banerjee (Chairman and MD), among others.

    On 14 October 2022, BEML Limited’s share price was Rs 1,517.75 at the NSE and Rs 1,516.75 at the BSE. BEML Limited shares have provided a one-year return of 25.08% and their 52-week high and 52-week low prices are Rs 1,659.89 and Rs 881.29 respectively.

    Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code: 07730), BSE Ltd (Member Code: 103) and Member of Multi Commodity Exchange of India Ltd.(Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Ms. Mamta Shetty, Contact number: 022-40701022, E-mail address: complianceofficer@icicisecurities.com. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Such representations are not indicative of future results. The securities quoted are exemplary and are not recommendatory. Investors should consult their financial advisers if in doubt about whether the product is suitable for them. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.

Registered Address

BEML Soudha 23/1 IVth Main, PB No 2769 Sampangiramanagar, Bangalore, Karnataka, 560027

Tel : 91-080-22963142/211
Email : cs:beml.co.in
Website : http://www.bemlindia.in
Registrar

Karvy Computershare Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 500048
NSE Code : BEML
Book Closure Date (Month) : Sep
BSE Group : A
ISIN : INE258A01016

FAQ’s on BEML Ltd Shares

You can buy BEML Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy BEML Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 14, 2024 03:59 PM the closing price of BEML Ltd was Rs.4,716.15.

The latest PE ratio of BEML Ltd as of Jun 14, 2024 03:59 PM is 69.78

The latest PB ratio of BEML Ltd as of Jun 14, 2024 03:59 PM is 0.14

The 52-week high of BEML Ltd share price is Rs. 4,800.00 while the 52-week low is Rs. 1,500.00

According to analyst recommendations, BEML Ltd Share has a "Buy" rating for the long term.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 14, 2024 03:59 PM, the market cap of BEML Ltd stood at Rs. 19,640.41.

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