⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.
BEML - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
| Stock Code | BEML | Market Cap | 14,449 Cr. | Current Price | 1,735 ₹ | High / Low | 2,437 ₹ |
| Stock P/E | 47.6 | Book Value | 333 ₹ | Dividend Yield | 0.61 % | ROCE | 16.1 % |
| ROE | 10.6 % | Face Value | 5.00 ₹ | DMA 50 | 1,815 ₹ | DMA 200 | 1,910 ₹ |
| Chg in FII Hold | -0.31 % | Chg in DII Hold | -0.15 % | PAT Qtr | 54.8 Cr. | PAT Prev Qtr | -63.9 Cr. |
| RSI | 42.1 | MACD | -23.9 | Volume | 7,90,001 | Avg Vol 1Wk | 5,46,261 |
| Low price | 1,173 ₹ | High price | 2,437 ₹ | PEG Ratio | 1.61 | Debt to equity | 0.24 |
| 52w Index | 44.4 % | Qtr Profit Var | 6.59 % | EPS | 36.5 ₹ | Industry PE | 32.3 |
📈 Technical Analysis
- Chart Patterns: Price is below both 50 DMA (1,815 ₹) and 200 DMA (1,910 ₹), showing weakness.
- Moving Averages: Current price (1,735 ₹) is under both DMAs, indicating bearish bias.
- RSI: At 42.1, nearing oversold territory, suggesting potential rebound.
- MACD: Negative (-23.9), confirming bearish momentum.
- Bollinger Bands: Price is near lower band, showing oversold conditions.
- Volume Trends: Current volume (7,90,001) is above 1-week average (5,46,261), indicating strong selling activity.
📊 Momentum & Trend
- Short-term Momentum: Bearish with RSI weak and MACD negative.
- Support Zone: 1,700 ₹ – 1,720 ₹ (near current levels).
- Resistance Zone: 1,800 ₹ – 1,820 ₹ (near 50 DMA).
- Trend: Consolidating with bearish bias.
- Optimal Entry: Around 1,700 ₹ – 1,720 ₹ if support holds.
- Optimal Exit: Around 1,800 ₹ – 1,820 ₹ unless breakout occurs.
✅ Positive
- ROCE (16.1%) and ROE (10.6%) show decent efficiency.
- Dividend yield of 0.61% provides investor returns.
- Quarterly PAT turned positive (54.8 Cr vs -63.9 Cr), showing recovery.
⚠️ Limitation
- High P/E (47.6) compared to industry average (32.3), suggesting overvaluation.
- EPS (36.5 ₹) is modest relative to valuation.
- PEG ratio (1.61) indicates valuation is stretched compared to growth.
📉 Company Negative News
- FII holding decreased (-0.31%), showing reduced foreign investor confidence.
- DII holding decreased (-0.15%), showing weaker domestic institutional support.
📈 Company Positive News
- Quarterly profit recovery (54.8 Cr vs -63.9 Cr previous quarter).
- Dividend yield remains stable, supporting investor sentiment.
🏭 Industry
- Industry PE at 32.3, lower than company PE, suggesting valuation premium.
- Sector outlook remains steady, but company performance is volatile.
🔎 Conclusion
- Stock is consolidating with bearish signals but showing signs of recovery.
- Entry near support (1,700 ₹ – 1,720 ₹) could be favorable for short-term rebound trades.
- Exit near resistance (1,800 ₹ – 1,820 ₹) unless breakout confirms reversal.
- Long-term investors should be cautious due to high valuations and recent volatility despite improving profitability.