Archive · 20 Jun 2025
Anandrathi: BEML Stock May Rise Due to Defense, Railway Projects
BEML, a company that makes equipment for mining, defense, and railways, is expected to potentially increase in value.
Anandrathi Research suggests buying the stock.
BEML makes a lot of different kinds of equipment for mining, the military, and trains.
The company has been given land by the governments of Madhya Pradesh and Chhattisgarh for new manufacturing plants.
BEML is also set to help build more Vande Bharat Express trains for the Indian Railways.
These factors lead analysts to believe the stock price may go up.
Anandrathi Research suggests accumulating BEML stock.
The company manufactures heavy earthmoving equipment and vehicles for defense and railways.
Madhya Pradesh government allocated 60.063 hectares of land to BEML.
Chhattisgarh approved allotment of 100 acres of land to BEML.
BEML is involved in the expansion of the Vande Bharat Express fleet.
- Who
- Anandrathi Research, BEML, the Indian Railways, and the Madhya Pradesh and Chhattisgarh governments.
- What
- Anandrathi Research suggests accumulating BEML stock, a company that manufactures heavy earthmoving equipment, defense vehicles, and railway coaches.
- When
- Anandrathi Research has a 12-month price target.
- Where
- Madhya Pradesh and Chhattisgarh are allocating land for BEML manufacturing plants.
- Why
- Anandrathi sees growth potential due to government support, land allocations, and railway projects.
- Stock Recommendation
- Accumulate
- Target Price
- Rs 5,725 (12-month)
- Land Allocation (Madhya Pradesh)
- 60.063 hectares
- Land Allocation (Chhattisgarh)
- 100 acres
- Project (Vande Bharat)
- Expansion of fleet