ICICI Direct has buy call on with a target price of Rs 1440. The current market price of BEML Ltd. is Rs 1353.95.
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 738.31 Crore, up 10.27 % from last quarter Total Income of Rs 669.54 Crore and up 5.60 % from last year same quarter Total Income of Rs 699.15 Crore. Company reported net profit after tax of Rs 27.67 Crore in latest quarter.
Investment Rationale
The daily MACD has generated a buy signal above its zero line thus supports the positive bias
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