BEML: A sturdy order book, but timely execution is key to growth1 min read 11 Oct 2019, 12:50 AM IST
Though it doesn’t disclose the order book break-up, analysts say rail and Metro-rail comprise a little over half the total
At ₹925, the BEML stock—pricing in the positives—quotes at 22 times its estimated FY21 earnings
Shares of government-owned BEML Ltd are on a roll. An outlier in the gloomy equity market, the stock rose 22% since 1 September, while the Nifty 100 increased a mere 5% in the same period. Besides, investors have netted a hefty 71% returns in a year.
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