DALBHARAT.NSE Dalmia Bharat Ltd.

Dalmia Bharat reported a 121.4 percent year-on-year increase in consolidated profit to Rs 124 crore for quarter ended September FY2024 driven by healthy operating numbers with fall in power & fuel expenses.

For the quarter ended September, Dalmia Bharat achieved an EBITDA of Rs 589 crore, up 55.2 percent YoY from the Rs 379 crore recorded in Q2 FY23

Emkay Global Financial recommended hold rating on Dalmia Bharat with a target price of Rs 2525 in its research report dated September 28, 2023.

Overall, the index has still been in the range with 19,750-19,800 likely to act as a crucial resistance as breaking of the same can drive the Nifty50 towards 20,000 mark, whereas 19,500 is expected to be immediate support and 19,200 may be crucial support for the index, experts said

Sharekhan is bullish on Dalmia Bharat has recommended buy rating on the stock with a target price of Rs 2830 in its research report dated September 13, 2023.

Motilal Oswal is bullish on Dalmia Bharat recommended buy rating on the stock with a target price of Rs 2400 in its research report dated August 28, 2023.