See upside in BEML, says Siddharth Bhamre

Bhamre told CNBC-TV18, "We continue to hold onto long positions in BHEL which we had formed around Rs 215-220. If I combine capital goods and infra both I think midcaps stocks would have good bounce back, so keep eye on IVRCL, Patel Engineering. You can add BEML also. Lot of short positions are standing in this counter and we have initiated some longs around Rs 270-280, so that stock can show you significant upside."

BEML's trailing 12-month (TTM) EPS was at Rs 35.96 per share. (Mar, 2012). The stock's price-to-earnings (P/E) ratio was 11.17. The latest book value of the company is Rs 527.36 per share. At current value, the price-to-book value of the company was 0.76. The dividend yield of the company was 2.49%.