The company had posted a net profit of Rs 18 crore in the July-September quarter a year ago, Dalmia Bharat said in a BSE filing.
Indian markets witnessed a breakout on Wednesday amid positive handover from Wall Street and positive commentary from the IMD.
Cement stocks like Ambuja Cements, ACC, JK Lakshmi Cement, OCL India and Heidelberg Cement India will get astro support, says Satish Gupta of astrostocktips.
SPA Financial is bearish on OCL India has recommended sell rating on the stock with a target price of Rs 724 in its research report dated November 10, 2016.
The boards of Dalmia Bharat Limited and OCL India (OCL) received approval to merge the two entities. This will create the fourth largest cement maker in the country with an installed capacity of 25 million tonnes per annum and annual revenues of about Rs 10,000 crore.
Dalmia Bharat and OCL India today said their Boards have approved merger of the two firms to simplify the group structure, with one listed entity that will create the country's 4th largest cement player.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have Axis Bank, Bharti Airtel, PI Industries, Shriram Transport Finance Corporation, M&M, Meghmani Organics, and OCL India.
The company had posted a net profit of Rs 33.69 crore in the year-ago period, OCL India Ltd said in a filing to BSE.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have Tata Steel, Repco Home Finance, IRB Infra, Bharti Airtel, Reliance Communication, Sunil Hitech, Shiva Cement, and OCL India.
Mehraboon Irani of Nirmal Bang Securities feels that Dalmia Bharat may move to Rs 2300.
TeamLease Services | IRB Infrastructure | Monsanto India | Gokaldas Exports | Piramal Enterprises | MCX | Gitanjali Gems | Inox Leisure | Prestige Estates | Wonderla Holidays | NBCC | Somany Ceramics | IOC | GAIL | Adani Ports and Reliance Infrastructure are stocks, which are in the news today.
In an interview to Latha Venkatesh and Anuj Singhal on CNBC-TV18, Mehraboon Irani of Nirmal Bang Securities spoke about the current market trends and specific stocks and sectors.
Watch the interview of Mayuresh Joshi of Angel Broking with Latha Venkatesh, Anuj Singhal and Sonia Shenoy on CNBC-TV18, in which he shared his readings and outlook on market and specific stocks.
Cipla | NHPC | NMDC | Divis Labs | Jain Irrigation | Jet Airways | Allahabad Bank | Bank Of Maharashtra | Reliance Power | Suzlon Energy | Kalpataru Power | Panacea Bio | NRB Bearings | HealthCare | Infibeam | ARSS Infra | Automotive Axles | Clariant Chemicals | Kohinoor Foods and Shalimar Paints are stocks, which are in the news today.
Cipla | NHPC | NMDC | Divis Labs | Jain Irrigation | Jet Airways | Allahabad Bank | Bank Of Maharashtra | Reliance Power | Suzlon Energy | Kalpataru Power | Panacea Bio | NRB Bearings | HealthCare | Infibeam | ARSS Infra | Automotive Axles | Clariant Chemicals | Kohinoor Foods and Shalimar Paints are stocks, which will be in the news on Tuesday.
OCL India, a subsidiary of Dalmia Cement Bharat, has approached authorities to merge Dalmia Cement East with itself for consolidating operations in the eastern part of the country
Mehraboon Irani of Nirmal Bang Securities prefers Ujjivan Financial Services over Equitas Holdings and SKS Microfinance.
Mehraboon Irani of Nirmal Bang Securities is of the view that Ujjivan Financial Services, UPL and Pidilite are good long term bets.
Emkay is bullish on OCL India has recommended buy rating on the stock with a target price of Rs 674 in its research report dated March 31, 2016.
SPA Research is bullish on OCL India and has recommended buy rating on the stock with a target price of Rs 565 in its research report dated February 3, 2016.
Emkay Global is bullish on OCL India and has recommended buy rating on the stock with a target of Rs 671 in its November 04, 2015 research report.
Tech Mahindra | Ambuja Cements | Bank of India | Trident | Venky | Maharashtra Scooters | Supreme Industries | Electrosteel Steels | Axis Bank | Just Dial | KEC International | Torrent Pharma and Jagran Prakashan are stocks, which are in the news today.
Cement company OCL India on Monday reported 35 percent rise in standalone net profit at Rs 48.82 crore for the April-June quarter 2015, compared to Rs 36.15 crore in the same period of last year.
Mahindra and Mahindra | Sundaram Finance | Ramco System | ONGC | Lupin | NTPC | Tata Motors | Bharti Airtel | Chambal Fertilisers | Bharti Infratel | Castrol India | ABG Shipyard | Kesoram Industries | PNB | Union Bank | Canara Bank and Dena Bank are stocks, which are in the news today.
The company also stated that post the stake buy, the group's regional capacity mix stands at 48 percent in South and 52 percent in East and North-East. Dalmia Cement has ongoing Greenfield projects which along with acquired capacities will take the group capacity to around 24 milion tonnes in FY16.