Accumulate BEML, target price Rs 4004: Prabhudas Lilladher
BEML with a target price of Rs 4004. The current market price of BEML Ltd. is Rs 3782.45.
BEML Ltd., incorporated in the year 1964, is a Mid Cap company (having a market cap of Rs 15729.34 Crore) operating in Engineering sector.
BEML Ltd. key Products/Revenue Segments include Earth Moving Equipments, Railway Items, Spare Parts & Others, Defence Items, Sale of services, Other Operating Revenue, Scrap, Wind Energy, Export Incentives for the year ending 31-Mar-2023.
Financials For the quarter ended 31-03-2024, the company reported a Consolidated Total Income of Rs 1518.25 Crore, up 40.42 % from last quarter Total Income of Rs 1081.24 Crore and up 7.91 % from last year same quarter Total Income of Rs 1406.90 Crore. Company has reported net profit after tax of Rs 256.80 Crore in latest quarter.
Promoter/FII Holdings Promoters held 54.03 per cent stake in the company as of 31-Mar-2024, while FIIs owned 9.91 per cent, DIIs 17.79 per cent.
(You can now subscribe to our ETMarkets WhatsApp channel)
Read more on economictimes.indiatimes.com
