Showing posts with label #Dalmia Bharat. Show all posts
Showing posts with label #Dalmia Bharat. Show all posts

Monday, June 5, 2023

Dalmia Bharat Limited - Excellent Track Record

 



About Company


the group now enjoys leadership in core sectors such as Cement, Refractories and Sugar.


The Cement business, through sustainability initiatives, has achieved the lowest carbon footprint in the cement sector globally and is amongst the most efficient cement companies in the world.


Being one of the leading sugar producers in the country, the sugar business is geographically well diversified and committed to ‘Green Growth’ which empowers the group to enhance value for all its customers.


Traditionally present in southern, eastern, northern and north-eastern India, the group, through its refractories business, has expanded its footprints globally by making various acquisitions in Germany and other European countries.


In the last sixteen years, the group’s sales have grown at a CAGR of 24% to over ₹ 13,800 Cr in the year 2021 and the market cap has also grown to ₹ 31,191 Cr in the year 2021.


As of today, the group’s companies collectively employ over 8500 people.


The group’s strong commitment towards nation building has been represented in the construction of landmark projects such as the Hirakud Dam, the Dhola Sadiya Bridge, the Kochi Metro and the Chennai Metro.


Created with the sole purpose to assist in building India, the Dalmia Bharat Group’s growth has always been intertwined with that of the nation.


Source - https://www.dalmiabharat.com/


CMP - 2143

Year High - 2168

Year Low  - 1212


Scrip provides an excellent opportunity to participate in India growth story.  Demand for Cement will be high and company will do well going forward BUY


Returns 

1 month -   2%

3 monthS - 17%

6 months - 15%

12 months  73%


Technicals - Moving Averages


20 DMA -  2085

50 DMA -  2027

100 DMA - 1919

200 DMA - 1770


Date 06 June 2023


This post is bought to you by Smart Investors - Indias Most Knowledgeable Equity Researchers.


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