Buy BEML, target Rs 1,740: Manas Jaiswal
Buy BEML at a price target of Rs 1,740 and a stop loss at Rs 1,640 from entry point.
The current market price of BEML is Rs 1,670.75.
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 1,640.
BEML, incorporated in the year 1964, is a Mid Cap company (having a market cap of Rs 6,762.65 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 30-09-2017, the company has a total of 41,644,500 shares outstanding.
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