The brokerage firm has issued a positive outlook on BEML, a government-owned defense company, despite the firm recording a net loss in the December 2025 quarter. The stock has seen fluctuations following its recent performance, but analysts believe there is potential for it to grow by 55%. Following some instability on Friday, the stock showed signs of recovery on Monday, and continued to see modest gains on Tuesday.

BEML reported a net loss of ₹22.4 crore for the quarter ending December 31, 2025, contrasting sharply with a net profit of ₹24 crore in the same quarter a year earlier. However, the company managed to generate revenue of ₹1,083 crore, marking a 23.7% increase compared to the previous year. Notably, the company’s EBITDA was only ₹4 crore, a staggering 94% decline from ₹60.4 crore during the same period last year, with margins plummeting from 6.9% to just 0.3%.

The company's board has announced a dividend of ₹2.50 per share for eligible shareholders, with a record date set for February 13. This move is part of the company's effort to maintain investor confidence amidst its current financial challenges. The positive outlook from brokerage firms hints at a belief in BEML's long-term potential despite the recent losses, encouraging investors to consider purchasing its shares.