Hold Dalmia Bharat, target price Rs 1460: Emkay Global

Emkay Global has hold call on Dalmia Bharat with a target price of Rs 1460. The current market price of Dalmia Bharat Ltd. is Rs 1289. Time period given by analyst is one year when Dalmia Bharat Ltd. price can reach defined target. .

Dalmia Bharat Ltd., incorporated in the year 2013, is a Mid Cap company (having a market cap of Rs 24162.13 Crore) operating in Cement sector.

Dalmia Bharat Ltd. key Products/Revenue Segments include Income From Management Services for the year ending 31-Mar-2022.



Financials
For the quarter ended 31-03-2022, the company reported a Consolidated Total Income of Rs 3433.00 Crore, up 24.34 % from last quarter Total Income of Rs 2761.00 Crore and up 3.37 % from last year same quarter Total Income of Rs 3321.00 Crore. Company reported net profit after tax of Rs 600.00 Crore in latest quarter.



Promoter/FII Holdings
Promoters held 55.9 per cent stake in the company as of 31-Mar-2022, while FIIs owned 13.96 per cent, DIIs 5.74 per cent.