According to Prakash Gaba of prakashgaba.com, one may buy BEML on declines.
Prakash Gaba of prakashgaba.com told CNBC-TV18, "BEML is a good stock, it is trading closer to all time high, 52-week high. It is heading to levels closer to Rs 1,600 zone. It has given a good breakout at levels closer to Rs 1,100 zone. If get dips, those are buying opportunities. It is best to hold on."
BEML ended at Rs 1,300.75, down Rs 18.45, or 1.40 percent on the BSE.
The share touched its 52-week high Rs 1,356.00 and 52-week low Rs 770.15 on 27 February, 2017 and 23 November, 2016, respectively.
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