Buy BEML, target Rs 1,200: Kunal Bothra

Independent analyst Kunal Bothra has a buy call on BEML with a target price of Rs 1,200.

The current market price of BEML is Rs 1,048.40.

Time period given by the analyst is Intra Day when BEML price can reach defined target.


Kunal Bothra recommended to keep a stop loss at Rs 1,000.


BEML, incorporated in the year 1964, is a Mid Cap company (having a market cap of Rs 4,366.01 Crore) operating in Engineering sector.

The company’s top management includes Mr.Aniruddh Kumar, Mr.B P Rao, Mr.B R Viswanatha, Mr.D K Hota, Mr.M G Raghuveer, Mr.R H Muralidhara, Mr.Sanjay Prasad, Mr.Sudhir Kumar Beri, Mrs.Surina Rajan.

Company has S R R K Sharma Associates as its auditors.

As on 31-12-2017, the company has a total of 41,644,500 shares outstanding.