|
11 Sep 2025 |
Dalmia Bharat
|
Consensus Share Price Target
|
2401.50 |
2314.49 |
- |
-3.62 |
buy
|
|
|
|
|
13 Jul 2023
|
Dalmia Bharat
|
Axis Direct
|
2401.50
|
2230.00
|
2058.00
(16.69%)
|
Target met |
Hold
|
|
|
The stock is currently trading at 12x and 10x FY24E/FY25E EV/EBITDA. We value the company at 11x FY25E EV/EBITDA to arrive at a TP of Rs 2,230/share, implying an upside potential of 8% from the CMP. We hence change our rating from BUY to HOLD.
|
|
19 Jun 2023
|
Dalmia Bharat
|
Motilal Oswal
|
2401.50
|
2550.00
|
2242.40
(7.10%)
|
|
Buy
|
|
|
|
|
05 May 2023
|
Dalmia Bharat
|
Geojit BNP Paribas
|
2401.50
|
2220.00
|
2012.85
(19.31%)
|
Target met |
Hold
|
|
|
|
|
29 Apr 2023
|
Dalmia Bharat
|
BOB Capital Markets Ltd.
|
2401.50
|
1917.00
|
1996.20
(20.30%)
|
Target met |
Hold
|
|
|
Q4 revenue grew 16% YoY to Rs 39bn buoyed by higher volumes (+12% YoY); realisations up just 3%
|
|
27 Apr 2023
|
Dalmia Bharat
|
Axis Direct
|
2401.50
|
2230.00
|
1966.50
(22.12%)
|
Target met |
Buy
|
|
|
We maintain our BUY recommendation on the stock and revise our estimates for FY24E and FY25E.
|
|
28 Mar 2023
|
Dalmia Bharat
|
Axis Direct
|
2401.50
|
2260.00
|
1844.40
(30.20%)
|
Target met |
Buy
|
|
|
We maintain our BUY rating on the stock and value it at 11x FY25E EV/EBITDA to arrive at a target price of Rs 2,260/share (Rs 2,120/share earlier) implying an upside of 21% from the CMP.
|
|
27 Mar 2023
|
Dalmia Bharat
|
Sharekhan
|
2401.50
|
2250.00
|
1844.40
(30.20%)
|
Target met |
Buy
|
|
|
|
|
15 Feb 2023
|
Dalmia Bharat
|
Geojit BNP Paribas
|
2401.50
|
2214.00
|
1920.35
(25.06%)
|
Target met |
Accumulate
|
|
|
|
|
07 Feb 2023
|
Dalmia Bharat
|
Axis Direct
|
2401.50
|
2120.00
|
1853.00
(29.60%)
|
Target met |
Buy
|
|
|
Recommendation: We maintain our BUY recommendation on the stock and revise our estimates for FY23 and FY24 owing to the robust demand outlook, better pricing, and the upcoming capacity.
|
|
07 Feb 2023
|
Dalmia Bharat
|
BOB Capital Markets Ltd.
|
2401.50
|
1835.00
|
1853.00
(29.60%)
|
Target met |
Hold
|
|
|
Q3 revenue up 23% YoY backed by double-digit volume growth (11%) and equally strong realisation gains
|