|
11 Sep 2025 |
Dalmia Bharat
|
Consensus Share Price Target
|
2401.50 |
2314.49 |
- |
-3.62 |
buy
|
|
|
|
|
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
|
|
06 Feb 2023
|
Dalmia Bharat
|
ICICI Securities Limited
|
2401.50
|
2200.00
|
1867.85
(28.57%)
|
Target met |
Buy
|
|
|
Dalmia Bharat’s (DALBHARA) Q3FY23 EBITDA at Rs6.4bn (up 57% YoY) was above our / consensus estimates. Realisations rose 10% YoY / 4% QoQ against 5% YoY inflation in total cost/te (albeit down 4% QoQ).
|
|
06 Feb 2023
|
Dalmia Bharat
|
Motilal Oswal
|
2401.50
|
2120.00
|
1885.40
(27.37%)
|
Target met |
Buy
|
|
|
|
|
14 Dec 2022
|
Dalmia Bharat
|
ICICI Securities Limited
|
2401.50
|
2200.00
|
1856.05
(29.39%)
|
Target met |
Buy
|
|
|
Dalmia Cement (Bharat) Limited (DCBL), a wholly-owned subsidiary of Dalmia Bharat Limited (DALBHARA), has entered into a binding ‘framework agreement’ for the acquisition of clinker, cement and power plants from Jaiprakash Associates (JAL) and its associate.
|
|
28 Nov 2022
|
Dalmia Bharat
|
Geojit BNP Paribas
|
2401.50
|
2010.00
|
1936.70
(24.00%)
|
Target met |
Accumulate
|
|
|
|
|
04 Nov 2022
|
Dalmia Bharat
|
Axis Direct
|
2401.50
|
1900.00
|
1742.50
(37.82%)
|
Target met |
Buy
|
|
|
We value the company at 11x FY24E EV/EBITDA to arrive at a target price of Rs 1,900/share. This implies an upside of 15% from the CMP. We maintain our BUY rating on the stock.
|
|
03 Nov 2022
|
Dalmia Bharat
|
ICICI Securities Limited
|
2401.50
|
2000.00
|
1595.10
(50.55%)
|
Target met |
Buy
|
|
|
Dalmia Bharat’s (DALBHARA) Q2FY23 EBITDA at Rs3.8bn (down 33% YoY) was in line with our / consensus estimates.
|