Buy Dalmia Bharat, price target Rs 858: Shrikant Chouhan

Shrikant Chouhan of Kotak Securities Limited has a buy call on Dalmia Bharat Ltd. with a target price of Rs 858.0 . The current price of Dalmia Bharat Ltd. is Rs 819. Time period given by the analyst is Intra Day when Dalmia Bharat Ltd. price can reach defined target. Shrikant Chouhan recommended to keep a stoploss at Rs 800 .

Dalmia Bharat Ltd., incorporated in 1949, has a market cap of Rs 15803.31 crore. Dalmia Bharat Ltd. key Products/Revenue Segments include Income From Management Services which contributed Rs 164.00 Crore to Sales Value (100.00 % of Total Sales)for the year ending 31-Mar-2019.

For the quarter ended 30-09-2019, the company has reported a Consolidated sales of Rs 2236.00 Crore, down -11.86 % from last quarter Sales of Rs 2537.00 Crore and up 6.53 % from last year same quarter Sales of Rs 2099.00 Crore Company has reported net profit after tax of Rs 36.00 Crore in latest quarter.


The company’s top management includes Dr.Niddodi Subrao Rajan, Mr.Gautam Dalmia, Mr.Jai Hari Dalmia, Mr.Jayesh Doshi, Mr.Pradip Kumar Khaitan, Mr.Puneet Yadu Dalmia, Mr.Virendra Singh Jain, Mr.Yadu Hari Dalmia, Ms.Sudha Pillai. Company has S S Kothari Mehta & Co as its auditors. As on 30-09-2019, the company has a total of 192,958,553 shares outstanding.