Buy Dalmia Bharat, target price Rs 2300: Motilal Oswal
Dalmia Bharat with a target price of Rs 2300. The current market price of Dalmia Bharat Ltd. is Rs 1815.8.
Dalmia Bharat Ltd., incorporated in the year 2013, is a Mid Cap company (having a market cap of Rs 36744.33 Crore) operating in Cement sector.
Dalmia Bharat Ltd. key Products/Revenue Segments include Income From Management Services for the year ending 31-Mar-2023.
Financials For the quarter ended 31-03-2024, the company reported a Consolidated Total Income of Rs 4427.00 Crore, up 20.82 % from last quarter Total Income of Rs 3664.00 Crore and up 11.99 % from last year same quarter Total Income of Rs 3953.00 Crore. Company reported net profit after tax of Rs 320.00 Crore in latest quarter.
Promoter/FII Holdings Promoters held 55.84 per cent stake in the company as of 31-Mar-2024, while FIIs owned 11.37 per cent, DIIs 12.55 per cent.
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