Indian cement maker, Dalmia Bharat, expects its profitability to gradually improve as commodity inflation cools down. The company plans to establish a presence in the mid, northern and western regions to become a pan-India pure-play cement company. The prices of crude and coal have corrected from th…

Expects profitability to improve as operating cost normalises; to expand presence: Dalmia Bharat

Cement maker Dalmia Bharat Ltd has said it expects the company’s profitability to gradually improve as commodity inflation cools down.

Expects profitability to improve as operating cost normalise: Dalmia Bharat

Dalmia Bharat shares opened higher at Rs 2170.65 and extended gains to hit a 52 week high of Rs 2182.85 in early trade. Market cap of Dalmia Bharat fell to Rs 39,577 crore on BSE.

Multibagger cement stock hits 52-week high on record date for final dividend

NSE Nifty 50 and BSE Sensex traded flat on the F&O expiry day. In sectoral indices, Bank Nifty fell 125 points or 0.28% to 44,003, Nifty IT rose 0.45%, Nifty Pharma jumped 0.92%, Nifty PSU Bank gained 0.82% and Nifty Realty surged 1.17%.

Bajaj Auto, Dalmia Bharat, IndusInd Bank, IDFC among 109 NSE stocks to hit 52-week highs; 21 touch 52-week lows | The Financial Express

Axis Securities recommends investors to use such dips in a phased manner and build a position in high-quality companies with an investment horizon of 12-18 months

Federal Bank, Ashok Leyland, Dalmia Bharat among top 5 picks of Axis Securities with up to 30% upside potential

Axis Securities recommended stocks such as ICICI Bank, Maruti Suzuki India, State Bank of India, Dalmia Bharat, Federal Bank, Varun Beverages, Ashok Leyland, PNC Infra, ITC, Aarti Drugs, Gland Pharma, Mahindra CIE, Praj Industries, CCL Products (India), Polycab India and Bajaj finance.

‘Neither panic nor exuberance on Dalal Street’: Axis Securities recommends these 16 stocks to buy

The RP, who admitted ₹1,128 crore in claims from financial creditors, received over two dozen expressions of interest. It includes Ceat, Bain-Piramal backed India Resurgent Fund, Jindal Steel & Power, a Naveen Jindal company, Bommidala Enterprises, Purnendu Chatterjee-promoted MCPI and Himadri Speci…

Dalmia Bharat, Ruia Co in fray for Birla Tyres

Sharekhan is bullish on Dalmia Bharat has recommended buy rating on the stock with a target price of Rs 2250 in its research report dated April 26, 2023.

Buy Dalmia Bharat; target of Rs 2250: Sharekhan

Motilal Oswal is bullish on Dalmia Bharat recommended buy rating on the stock with a target price of Rs 2320 in its research report dated April 26, 2023.

Buy Dalmia Bharat; target of Rs 2320 : Motilal Oswal

YES Securities is bullish on Dalmia Bharat has recommended buy rating on the stock with a target price of Rs 2582 in its research report dated April 26, 2023.

Buy Dalmia Bharat; target of Rs 2582: YES Securities

Based on the OI percentage, 87 stocks were on the short-covering list. These included Dalmia Bharat, Bharat Electronics, Aarti Industries, Tata Consumer Products and Escorts.

Trade setup for today: Top 15 things to know before the opening bell

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced and in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Not a good time to consider, stock is in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Dalmia Bharat is an India-based cement manufacturing company. The Company's segments include Cement, Refractory and Other. 