Global EconomyLivemint•1 min read•11/13/2026 (2h ago)

BEML share price falls after hitting 52-week high- ICICI Direct sees 39% upside in the defence PSU stock- Should you buy

BEML share price falls after hitting 52-week high- ICICI Direct sees 39% upside in the defence PSU stock- Should you buy
60-Word AI Digest

BEML shares fell 1.23% on Friday but gained 7.64% for the week. ICICI Securities maintained a Buy rating and set a target price of ₹2,765, citing a strong rail and metro order pipeline and growth prospects. BEML’s Q2FY27 net profit declined 30.5% as expenses rose.

Key Takeaways

  • BEML shares fell 1.23% on Friday but gained 7.64% for the week.
  • ICICI Securities maintained a Buy rating and set a target price of ₹2,765, citing a strong rail and metro order pipeline and growth prospects.
  • BEML’s Q2FY27 net profit declined 30.5% as expenses rose.

BEML shares fell 1.23% on Friday but gained 7.64% for the week. ICICI Securities maintained a Buy rating and set a target price of ₹2,765, citing a strong rail and metro order pipeline and growth prospects. BEML’s Q2FY27 net profit declined 30.5% as expenses rose.

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BEML share price falls after hitting 52-week high- ICICI Direct sees 39% upside in the defence PSU stock- Should you buy — Loop60