The market may consolidate for a couple of sessions after the recent sharp rally, though the overall sentiment remains healthy. Below are some short-term trading ideas to consider.
Stocks to watch, 17 October: Stocks like Infosys, Wipro, Jio Financial Services, LTIMindtree, JSW Infrastructure, Vikram Solar, CIE Automotive India, Punjab & Sind Bank, Sunteck Realty, Fortis Healthcare, Biocon, JSW Energy, BEML,and Canara HSBC Life Insurance Company will be in focus on October 17.
BEML, under the administrative control of the Ministry of Defence, operates in three verticals – construction and mining, rail and metro, and defence and aerospace.
The market is expected to remain in positive terrain, supported by strength in technical and momentum indicators. Below are some short-term trading ideas to consider.
Stocks to watch, 29 September: Stocks like Hindustan Unilever, Amanta Healthcare, Ceigall India, Azad Engineering, PG Electroplast, Alkem Laboratories, Shriram Finance, Lemon Tree Hotels, Godrej Agrovet, BEML, Waaree Energies, Zaggle Prepaid Ocean Services, and Tata Motors will be in focus on September 29.
The bearish sentiment may sustain in the short term, given the weakening momentum. Below are some short-term trading ideas to consider.
Yellow Line (RV Road-Bommasandra), which connects tech hub Electronics City, is witnessing a surge in ridership but has only four trains, resulting in a 19-minute frequency.
Stocks to Watch, 01 September: Stocks like Torrent Power, NCC, PG Electroplast, BHEL, Popular Vehicles, EPACK Durable, Dharan Infra, Adani Power, Aurobindo Pharma, Classic Electrodes (India), Anondita Medicare, and Shivashrit Foods will be in focus on 01 September.
State-run BEML has recently invited Expression of Interest for design consultancy to develop indigenous Tunnel Boring Machines.
Unveiled in September 2024, the first Vande Bharat sleeper train manufactured by BEML is yet to commence passenger services, reportedly due to quality issues.
Prabhudas Lilladher recommended hold rating on BEML with a target price of Rs 4142 in its research report dated August 13, 2025.
BEML Share Price | The company in its meeting held on July 21, approved sub-division/ split of share price.
Stocks to Watch, 24 July: Stccks like Infosys, Dr Reddys Laboratories, Tata Consumer Products, Cigniti Technologies, Force Motors, Natco Pharma, IndusInd Bank, BEML, and Tilaknagar Industries will be in focus on July 24.
BEML stock split: The record date to determine the eligibility of the shareholders set to receive the payment is yet to be announced.
BEML Share Price | The company board to consider sub-division / split of equity shares on July 21.
Stocks to watch, 14 July: Stocks like Avenue Supermarts, NCC, Kolte-Patil Developers, VIP Industries, Sula Vineyards, Wockhardt, Akzo Nobel India, Gland Pharma, and Travel Food Services will be in focus on July 14.
Stocks to Watch, 7 July: Stocks like IndusInd Bank, Bank of India, Godrej Consumer Products, Dabur India, Senco Gold, Rail Vikas Nigam, Hazoor Multi Projects, BEML, Mahindra Lifespace Developers, Shilpa Medicare, and Tata Steel will be in focus on July 7.
On June 3, Nifty India Defence index was up 1.6 percent to hover around 8,833, thus bucking the downtrend in the overall market.
Prabhudas Lilladher recommended hold rating on BEML with a target price of Rs 4142 in its research report dated May 26, 2025.
BEML shares were the top gainer on the smallcap index, rallying over 15 percent to close at Rs 4,294.60 apiece.
The company’s income during the January-March quarter rose to Rs 1,656.36 crore, up from Rs 1,518.25 crore in the same period last year, according to a stock exchange filing.
The Nifty India Defence index has extended gains for a third consecutive session, supported by hopes of stronger orderbooks for defence manufacturers and hopes of sustained demand for the longer term.