Cement demand revives as slack season ends, govt infra spend picks up
Industry margins set to rebound on recovery in prices and drop in fuel costs; UltraTech, JK Cement and Dalmia Bharat are among top analyst stock picks.
Dalmia- Jaypee deal: Lack of clarity overshadows cheap valuations
The company has acquired Jaiprakash Associates’ cement assets for enterprise value/ tonne of $73/ tonne – the cheapest preliminary valuation witnessed in nearly five years
Dalmia Bharat set to go national with acquisition of JAL’s cement business
The acquisition will allow Dalmia Bharat to expand into the central region and will represent a significant step towards realising its vision of becoming a pan-India cement company.
Jaypee deal an attractive proposition for Dalmia, more clarity awaited: Brokerages
Enterprise value less than previous deals in the cement sector, will take Dalmia closer to the goal of becoming a pan-India player, say research houses
Sharekhan is bullish on Dalmia Bharat has recommended buy rating on the stock with a target price of Rs 2250 in its research report dated December 12, 2022.
#DALBHARAT is engaged in the business of Manufacturing and Selling of Cement. The company was started in 1939 and is the 5th largest cement manufacturer by installed capacity in India.
Cement sector to stage demand, earnings recovery: Brokerages
The cooling of fuel costs and the Union government’s construction spree in the run-up to the 2024 general elections are expected to help margins and volumes.
Top 10 trading ideas for next 3-4 weeks as bulls may charge Nifty to record highs
In the truncated week beginning today, the index may march towards its last week's high of 18,178, followed by 18,350 (the high of 2022). If the index manages to sustain these levels, then a record high of 18,604 can't be ruled out with strong support at 18,000-17,900 levels
Buy Dalmia Bharat; target of Rs 2000: Motilal Oswal
Motilal Oswal is bullish on Dalmia Bharat recommended buy rating on the stock with a target price of Rs 2000 in its research report dated November 03, 2022.
Sharekhan is bullish on Dalmia Bharat has recommended buy rating on the stock with a target price of Rs 2100 in its research report dated November 03, 2022.
Sharekhan is bullish on Dalmia Bharat has recommended buy rating on the stock with a target price of Rs 2100 in its research report dated September 15, 2022.
Buy Dalmia Bharat; target of Rs 2565: YES Securities
YES Securities is bullish on Dalmia Bharat has recommended buy rating on the stock with a target price of Rs 2565 in its research report dated August 05, 2022.
Market sustains uptrend for 3rd straight week: Top 10 trading ideas for next 3-4 weeks
A formation higher bottoms on the weekly chart and last week's low at Rs 381 could be considered as a new higher bottom of the sequence for KEC International. Weekly 14 period RSI (relative strength index) showing positive indication. One may expect further strengthening of upside momentum in the stock price ahead
Cement demand to increase, optimism in industry, Committed to a CAPEX of Rs 9,000 crore, says Dalmia Bharat
According to the latest annual report of Dalmia Bharat Ltd, the increased capital expenditure committed by the government in successive budgets, the Production-Linked Incentive (PLI) Scheme to boost the manufacturing sector and continuous commitment towards the housing sector, are expected to drive cement demand in the country.
Buy Dalmia Bharat; target of Rs 1915: Motilal Oswal
Motilal Oswal is bullish on Dalmia Bharat recommended buy rating on the stock with a target price of Rs 1915 in its research report dated May 10, 2022.
Accumulate Dalmia Bharat; target of Rs 1755: Prabhudas Lilladher
Prabhudas Lilladher is bullish on Dalmia Bharat recommended accumulate rating on the stock with a target price of Rs 1755 in its research report dated May 11, 2022.
Sharekhan is bullish on Dalmia Bharat has recommended buy rating on the stock with a target price of Rs 1850 in its research report dated May 10, 2022.