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BEML - Swing Trade Analysis with AI Signals

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Rating: 2.8

Last Updated Time : 20 Mar 26, 12:29 pm

Swing Trade Rating: 2.8

Stock Code BEML Market Cap 12,500 Cr. Current Price 1,501 ₹ High / Low 2,437 ₹
Stock P/E 48.8 Book Value 333 ₹ Dividend Yield 0.71 % ROCE 16.1 %
ROE 10.6 % Face Value 5.00 ₹ DMA 50 1,687 ₹ DMA 200 1,840 ₹
Chg in FII Hold -0.31 % Chg in DII Hold -0.15 % PAT Qtr -22.7 Cr. PAT Prev Qtr 54.8 Cr.
RSI 35.5 MACD -55.4 Volume 2,47,617 Avg Vol 1Wk 2,75,115
Low price 1,226 ₹ High price 2,437 ₹ PEG Ratio 1.65 Debt to equity 0.24
52w Index 22.7 % Qtr Profit Var -192 % EPS 30.8 ₹ Industry PE 29.2

📊 The stock BEML currently shows weak potential for swing trading. Current price (₹1,501) is below both 50 DMA (₹1,687) and 200 DMA (₹1,840), indicating bearish momentum. RSI at 35.5 suggests the stock is nearing oversold territory, while MACD is strongly negative (-55.4), confirming downward sentiment. Valuation is stretched with P/E of 48.8 compared to industry average of 29.2, and quarterly PAT turned negative (-₹22.7 Cr. vs ₹54.8 Cr. previously). Volume is slightly below weekly average, showing limited participation.

💡 Optimal Entry Price: Around ₹1,400–1,450 if RSI dips closer to 30 and price stabilizes.

📉 Exit Strategy (if already holding): Consider exiting near ₹1,650–1,700 resistance zone unless strong reversal signals appear.

✅ Positive

  • Strong ROCE (16.1%) and ROE (10.6%) indicate decent capital efficiency.
  • Dividend yield of 0.71% provides investor return.
  • Debt-to-equity ratio is low (0.24), showing financial stability.

⚠️ Limitation

  • Price trading below DMA levels shows weak technical momentum.
  • High P/E (48.8) compared to industry average (29.2).
  • PEG ratio (1.65) suggests valuation is stretched relative to growth.

📉 Company Negative News

  • Quarterly PAT turned negative (-₹22.7 Cr. vs ₹54.8 Cr.).
  • FII holding decreased (-0.31%) and DII holding decreased (-0.15%).

📈 Company Positive News

  • EPS of ₹30.8 reflects a solid earnings base despite recent losses.
  • Dividend yield of 0.71% adds shareholder value.

🏭 Industry

  • Industry P/E at 29.2 shows peers trade at lower valuations.
  • Capital goods sector remains cyclical with moderate growth outlook.

🔎 Conclusion

BEML is fundamentally stable but currently lacks strong momentum for swing trading. Entry near ₹1,400–1,450 may be considered cautiously, but exit near ₹1,650–1,700 is advisable unless volume and technical indicators improve significantly.

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