Buy Dalmia Bharat, target Rs 2425.0 : Nirmal Bang Securities
Nirmal Bang Securities has a buy call on Dalmia Bharat Ltd. with a target price of Rs 2425.0 .The current market price of Dalmia Bharat Ltd. is 2357.2 Time period given by the brokerage is Intra Day when Dalmia Bharat Ltd. price can reach defined target. Nirmal Bang Securities recommended to keep stop loss at Rs 2360.0 .
Dalmia Bharat Ltd., incorporated in the year 2006, is a largecap company with a market cap of ₹ 21133.83 crore operating in Cement sector.
Dalmia Bharat Ltd. key Products/Revenue Segments include Income From Management Services which contributed ₹ 186.04 Cr to Sales Value (91.05 % of Total Sales), Fees & Other Charges which contributed ₹ 18.07 Cr to Sales Value (8.84 % of Total Sales) and Other Operating Revenue which contributed ₹ .20 Cr to Sales Value (0.09 % of Total Sales)for the year ending 31-Mar-2016.
For the quarter ended 31-03-2017, the company has reported a Consolidated sales of ₹ 2433.23 Cr., up 41.08% from last quarter Sales of ₹ 1724.70 Cr. and up 29.39% from last year same quarter Sales of ₹ 1880.49 Cr. Company has reported net profit after tax of ₹ 215.91 Cr. in latest quarter. The company's CEO is Mr.Jai Hari Dalmia. It's Board of Directors include Ms.Nidhi Bisaria, Mr.Gautam Dalmia, Mr.Jai Hari Dalmia, Mr.Jayesh Doshi, Mr.Jayesh Doshi, Mr.N Gopalaswamy, Mr.Pradip Kumar Khaitan, Mr.Puneet Yadu Dalmia, Mr.Virendra Singh Jain, Mr.Y H Dalmia, Mr.Yadu Hari Dalmia, Mrs.Sudha Pillai, Ms.Nidhi Bisaria. Company has its registered office at Dalmiapuram, Tiruchirapalli Dist., 621651, Tamil Nadu. Company has S S Kothari Mehta & Co as its auditors. As on 31-03-2017, the company has a total of 88,965,803 shares outstanding.
Dalmia Bharat Ltd., incorporated in the year 2006, is a largecap company with a market cap of ₹ 21133.83 crore operating in Cement sector.
Dalmia Bharat Ltd. key Products/Revenue Segments include Income From Management Services which contributed ₹ 186.04 Cr to Sales Value (91.05 % of Total Sales), Fees & Other Charges which contributed ₹ 18.07 Cr to Sales Value (8.84 % of Total Sales) and Other Operating Revenue which contributed ₹ .20 Cr to Sales Value (0.09 % of Total Sales)for the year ending 31-Mar-2016.
For the quarter ended 31-03-2017, the company has reported a Consolidated sales of ₹ 2433.23 Cr., up 41.08% from last quarter Sales of ₹ 1724.70 Cr. and up 29.39% from last year same quarter Sales of ₹ 1880.49 Cr. Company has reported net profit after tax of ₹ 215.91 Cr. in latest quarter. The company's CEO is Mr.Jai Hari Dalmia. It's Board of Directors include Ms.Nidhi Bisaria, Mr.Gautam Dalmia, Mr.Jai Hari Dalmia, Mr.Jayesh Doshi, Mr.Jayesh Doshi, Mr.N Gopalaswamy, Mr.Pradip Kumar Khaitan, Mr.Puneet Yadu Dalmia, Mr.Virendra Singh Jain, Mr.Y H Dalmia, Mr.Yadu Hari Dalmia, Mrs.Sudha Pillai, Ms.Nidhi Bisaria. Company has its registered office at Dalmiapuram, Tiruchirapalli Dist., 621651, Tamil Nadu. Company has S S Kothari Mehta & Co as its auditors. As on 31-03-2017, the company has a total of 88,965,803 shares outstanding.