Buy BEML, target Rs 1,675: Manas Jaiswal

Buy BEML Ltd. at a price target of Rs 1675.0 and a stop loss at Rs 1595 from entry point.

Manas Jaiswal of manasjaiswal.com has a buy call on BEML with a target price of Rs 1,675.

The current market price of BEML is Rs 1,616.

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

Manas Jaiswal recommended to keep a stop loss at Rs 1,595.

BEML, incorporated in the year 1964, is a Mid Cap company (having a market cap of Rs 6,546.93 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.
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Company has S R R K Sharma Associates as its auditors.

As on 30-09-2017, the company has a total of 41,644,500 shares outstanding.
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