Buy Dalmia Bharat, target Rs 3,044: Dharmesh Shah

Buy Dalmia Bharat Ltd. at a price target of Rs 3044.0 and a stop loss at Rs 2738 from entry point.

Dharmesh Shah of ICICI Direct has a buy call on Dalmia Bharat with a target price of Rs 3,044.

The current market price of Dalmia Bharat is Rs 2,836.90.

Time period given by the analyst is 'Intra Day' when Dalmia Bharat price can reach defined target.

Dharmesh Shah recommended to keep a stop loss at Rs 2,738.

Dalmia Bharat, incorporated in the year 2006, is a Large Cap company (having a market cap of Rs 25,291.90 Crore) operating in Cement sector.

The company’s top management includes Mr.Gautam Dalmia, Mr.Jai Hari Dalmia, Mr.Jayesh Doshi, Mr.N Gopalaswamy, Mr.Pradip Kumar Khaitan, Mr.Puneet Yadu Dalmia, Mr.Virendra Singh Jain, Mr.Yadu Hari Dalmia, Mrs.Sudha Pillai.
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Company has S S Kothari Mehta & Co as its auditors.

As on 31-12-2017, the company has a total of 88,965,803 shares outstanding.
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