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04 Aug 2015
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Dalmia Bharat Old
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Karvy
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2372.90
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707.50
(235.39%)
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Dalmia is India's third largest cement group (after Holcim and UltraTech) with a consolidated capacity of 24 mt. Established in 1939; the company had been a laggard in expanding capacities as the total capacity stood at only 1.5 mt till 2005. However, it has been increased to 14.3 mt by FY10 post expansions in south region & acquiring stake in OCL India.
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31 Jul 2015
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Dalmia Bharat Old
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Phillip Capital
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2372.90
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1010.00
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711.95
(233.30%)
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Target met |
Buy
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Dalmia Bharat Limited (DBL) is on the verge of seeing a further rerating in its valuations whichwillbedrivenbyimprovementinitsoperatingperformance.DBLsurprisedthestreet positivelyinQ1FY16(thoughlargelyinlinewithourestimates)andislikelytocontinueto...
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