BEML Limited shows strong bullish momentum backed by stellar Q4 results, with revenue surging 1062% QoQ, reflecting robust order execution in defense, rail, and mining sectors. The government’s focus on infrastructure, defense modernization, and metro expansion further strengthens growth prospects. Technically, the stock has broken key resistance levels and is trading above major moving averages, indicating sustained buying interest. Buying at ₹3705 with a target of ₹4075 offers a favorable risk-reward setup, especially as privatization buzz and export potential add long-term upside. A stop-loss at ₹3335 limits downside risk, making this a strategic buy opportunity for short-term gains.
BUY : BEML-EQ( BEML ) [395]
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