Moneycontrol PRO
Upcoming Event:\Option Writing Masterclass by Shubham Agarwal: a session power packed with lots of intelligence and tactics required to sell write options, on 13th July at 5pm. Register Now

Accumulate Dalmia Bharat; target of Rs 1620: Geojit

Geojit recommended accumulate rating on Dalmia Bharat with a target price of Rs 1620 in its research report dated May 16, 2022.

May 17, 2022 / 06:12 PM IST
  • bselive
  • nselive
Todays L/H

Geojit's research report on Dalmia Bharat

Dalmia Bharat Ltd (DBL) is the fourth largest cement company in India with a capacity of ~35.9MT; focusing in South with 12.1MT and East & North-East with 20.8MT and West with 2.9MT.


We revise our Target to Rs.1,620 (Rs. 2,200 earlier) factoring the margin pressure in the short-term, but maintain Accumulate rating considering recent correction in price.


For all recommendations report, click here

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on are their own, and not that of the website or its management. advises users to check with certified experts before taking any investment decisions.

Broker Research
first published: May 17, 2022 06:08 pm
ISO 27001 - BSI Assurance Mark