BEML Shares Surge 18% After Strong Q4 Results, Analysts Revise Price Targets

BEML Ltd., a leading public sector enterprise under the Ministry of Defence, witnessed a sharp 18% surge in its share price, hitting an intraday high of ₹4,380.25. The rally comes after the company reported robust Q4 FY25 earnings, with net profit rising 12% YoY to ₹288 crore and revenue climbing 9% to ₹1,652.53 crore.

Key Financial Highlights:

• Q4 Net Profit: ₹288 crore (↑12% YoY)
• Revenue Growth: ₹1,652.53 crore (↑9% YoY)
• Full-Year Net Profit: ₹292.52 crore (↑3.82% YoY)
• Government Holding: 54.03% stake in BEML

Revised Price Targets & Market Outlook

Following the earnings announcement, analysts have revised their price targets, projecting further upside potential:

• Religare Broking: ₹4,600 target, with a stop-loss at ₹4,000.
• Anand Rathi: ₹4,500 target, with support at ₹4,000.
• Independent Analyst AR Ramachandran: ₹4,548 resistance, advising profit booking if the stock closes below ₹3,742.

Investor Sentiment & Future Outlook

Despite the bullish momentum, some analysts caution that BEML appears overbought on technical charts. However, the company’s strong fundamentals, government backing, and diversified operations in defence, rail, power, mining, and construction continue to attract investor confidence.

With positive earnings momentum and revised price targets, BEML remains a key stock to watch in the PSU sector.