The inventory has been a robust performer over the previous three months, delivering a powerful 49% rally. It has a 52-week excessive of Rs 5,205 and a low of Rs 2,346, reflecting a large buying and selling vary over the previous 12 months.
Buyers are intently watching the upcoming board assembly scheduled for Monday, July 21, 2025, the place the corporate will take into account a inventory cut up below Part 61(1)(d) of the Corporations Act, 2013. In gentle of this, the buying and selling window—closed since July 1, 2025—will stay shut till 48 hours after the declaration of monetary outcomes.
Technical Outlook
On the technical entrance, BEML’s 14-day Relative Energy Index (RSI) stands at 51.9, indicating a impartial zone—neither oversold (under 30) nor overbought (above 70). This implies there could also be room for additional upside if shopping for curiosity continues.
From a transferring averages perspective, the inventory is displaying sustained power. BEML is buying and selling above 7 out of 8 key Easy Shifting Averages (SMAs), together with all from the 10-day to the 200-day SMA. It’s presently slightly below the 5-day SMA, indicating minor short-term consolidation inside an in any other case bullish setup.
With a robust value rally, stable technical indicators, and a significant company motion on the horizon, BEML stays a inventory to observe intently within the coming periods.
