Buy Dalmia Bharat; target of Rs 1650: Anand Rathi

Anand Rathi is bullish on Dalmia Bharat has recommended buy rating on the stock with a target price of Rs 1650 in its research report dated February 06, 2021.

Broker Research

February 11, 2021 / 14:48 IST

26 Aug, 2025 12:21

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Anand Rathi's research report on Dalmia Bharat

With itsforthcoming expansion and diversified operations in West, Dalmia Bharat is set to cater to counting demand. The WHRS expansion and new efficient plants would further enhance operating efficiency. The de-levering exercise and forensic audit report for mutual fund units fraud in its favour are other positives.

Outlook

We retain a Buy, with a higher target of Rs,1,650 (earlier Rs,1,174.)

For all recommendations report, click here

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Broker Research

first published: Feb 11, 2021 02:48 pm

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