Dalmia Bharat is currently trading at Rs. 1942.30, up by 9.05 points or 0.47% from its previous closing of Rs. 1933.25 on the BSE.
The scrip opened at Rs. 1946.65 and has touched a high and low of Rs. 1963.05 and Rs. 1936.70 respectively. So far 3309 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2168.00 on 21-Apr-2023 and a 52 week low of Rs. 1212.60 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 2168.00 and Rs. 1885.95 respectively. The current market cap of the company is Rs. 36446.18 crore.
The promoters holding in the company stood at 55.86%, while Institutions and Non-Institutions held 21.54% and 22.60% respectively.
Dalmia Bharat’s subsidiary -- Dalmia Cement (Bharat) (DCBL) has executed definitive agreements with Jaiprakash Associates (JAL) for the acquisition of JP Super Cement Plant in Uttar Pradesh at an enterprise value of Rs 1,500 crore and costs and expenses of up to Rs 190 crore. However, this will be subject to various clearances and approvals related to JP Super plant and mines.
As part of that, DCBL also executed a share purchase agreement for acquisition of 74 per cent shareholding of Bhilai Jaypee Cement (BJCL) at an enterprise value of Rs 666 crore. DCBL is in process of signing a long-term lease agreement (having a term of seven years) with Jaiprakash Power Ventures for its Nigrie Cement Grinding Unit of 2 million MTPA (Nigrie Unit) located at Singrauli in Madhya Pradesh, which is subject to fulfilment of certain conditions precedent. DCBL has the option to purchase the Nigrie Unit anytime within the lease period at an enterprise value of Rs 250 crore.
Dalmia Bharat has emerged as one of the most respected cement manufacturers in India, contributing to nation-building through adequate capacity creation, consistently high quality standards and value-added products.
| Company Name | CMP |
|---|---|
| Ultratech Cement | 11424.70 |
| Ambuja Cement | 548.85 |
| ACC | 2064.45 |
| Shree Cement | 27062.45 |
| Dalmia Bharat | 1803.00 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Make an informed decision for Stocks
Invest using an intelligent system with powerful data-driven tools that help you identify opportunities and make informed buy-hold-sell decisions
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Limited to the first 10 users today!
Practical Stock Investing Hand Book
By - Raymond Moses
Founder of MoneyWorks4Me | Consultant | Trainer | Author | TEDx Speaker
Register & Get Instant Access!Don't miss out! First 10 users today get it FREE
With this 4 hrs Masterclass, you’ll be able to:
Download APP
