Dalmia Bharat: GS on Dalmia Bharat Buy, Target Price ₹2,020, upgraded from Neutral as cement sector concerns (energy costs, weaker demand, capacity additions and monsoon risks) are largely priced in, while Dalmia offers among the highest growth prospects and attractive valuations versus peers.

 25 Jun 2026 08:40 AM

Dalmia Bharat: GS on Dalmia Bharat Buy, Target Price ₹2,020, upgraded from Neutral as cement sector concerns (energy costs, weaker demand, capacity additions and monsoon risks) are largely priced in, while Dalmia offers among the highest growth prospects and attractive valuations versus peers.

Dalmia Bharat: Company Starts Commercial Production At Chunar Grinding Unit In Uttar Pradesh With A Cement Grinding Capacity Of 2.5 MTPA.

 22 Jun 2026 08:35 AM

Dalmia Bharat: Company Starts Commercial Production At Chunar Grinding Unit In Uttar Pradesh With A Cement Grinding Capacity Of 2.5 MTPA.

Dalmia Bharat: CLSA maintains an Outperform on Dalmia Bharat with a Target Price of ₹2,100, citing resilient medium-term growth from organic and inorganic expansion, strong ramp-up potential of acquired JPA assets (60%+ utilisation by FY28 and ₹1,000/t EBITDA by FY29), manageable leverage below 1.4x without equity raising, despite near-term industry weakness from soft rural demand and margin pressure.

 04 Jun 2026 08:51 AM

Dalmia Bharat: CLSA maintains an Outperform on Dalmia Bharat with a Target Price of ₹2,100, citing resilient medium-term growth from organic and inorganic expansion, strong ramp-up potential of acquired JPA assets (60%+ utilisation by FY28 and ₹1,000/t EBITDA by FY29), manageable leverage below 1.4x without equity raising, despite near-term industry weakness from soft rural demand and margin pressure.

Dalmia Bharat: Nomura maintains a Buy on Dalmia Bharat with a Target Price of ₹2500, citing the strategically attractive acquisition of JAL cement assets that strengthens its Central India presence and pan-India ambitions, with favorable deal economics and attractive valuation at 10.9x forward EV/EBITDA.

 25 May 2026 08:54 AM

Dalmia Bharat: Nomura maintains a Buy on Dalmia Bharat with a Target Price of ₹2500, citing the strategically attractive acquisition of JAL cement assets that strengthens its Central India presence and pan-India ambitions, with favorable deal economics and attractive valuation at 10.9x forward EV/EBITDA.

Dalmia Bharat: HSBC maintains a Buy on Dalmia Bharat with a Target Price of ₹2490, citing the acquisition of Jaiprakash cement assets at an attractive valuation well below replacement cost, addressing growth and M&A concerns, while highlighting cheap valuation and strong regional exposure in South and East India as key positives.

 25 May 2026 08:54 AM

Dalmia Bharat: HSBC maintains a Buy on Dalmia Bharat with a Target Price of ₹2490, citing the acquisition of Jaiprakash cement assets at an attractive valuation well below replacement cost, addressing growth and M&A concerns, while highlighting cheap valuation and strong regional exposure in South and East India as key positives.

Dalmia Bharat: CLSA maintains an Outperform on Dalmia Bharat with a Target Price of ₹2240, citing the attractive acquisition of a 5.2mt central India cement asset at around US$70/t, which boosts growth and geographic diversification, though near-term supply additions could temporarily impact demand-supply balance.

 25 May 2026 08:54 AM

Dalmia Bharat: CLSA maintains an Outperform on Dalmia Bharat with a Target Price of ₹2240, citing the attractive acquisition of a 5.2mt central India cement asset at around US$70/t, which boosts growth and geographic diversification, though near-term supply additions could temporarily impact demand-supply balance.

Dalmia Bharat: Citi maintains a Buy on Dalmia Bharat with a Target Price of ₹2450, citing the inexpensive acquisition of JPA’s Central India assets at around US$60/t, which supports expansion and diversification goals, while improved ROCE, utilization, premiumization and cost reduction could drive returns despite lingering concerns over MF units.

 25 May 2026 08:55 AM

Dalmia Bharat: Citi maintains a Buy on Dalmia Bharat with a Target Price of ₹2450, citing the inexpensive acquisition of JPA’s Central India assets at around US$60/t, which supports expansion and diversification goals, while improved ROCE, utilization, premiumization and cost reduction could drive returns despite lingering concerns over MF units.

Dalmia Bharat: Jefferies maintains a Buy on Dalmia Bharat with a Target Price of ₹2445, citing the acquisition of Jaypee/Adani cement assets at an attractive ~US$70/t valuation that gives Dalmia entry into a new region with faster ramp-up potential, though it may intensify competition in Central India.

 25 May 2026 08:55 AM

Dalmia Bharat: Jefferies maintains a Buy on Dalmia Bharat with a Target Price of ₹2445, citing the acquisition of Jaypee/Adani cement assets at an attractive ~US$70/t valuation that gives Dalmia entry into a new region with faster ramp-up potential, though it may intensify competition in Central India.

Dalmia Bharat Limited: Refutes Claims Of SFIO Inquiry Into Fraudulent Mutual Fund Transfers; Company Has Filed Complaints With SEBI, NSE, And EOW; SEBI Identified Allied Financial Services' Actions As Fraudulent.

 08 May 2026 03:29 PM

Dalmia Bharat Limited: Refutes Claims Of SFIO Inquiry Into Fraudulent Mutual Fund Transfers; Company Has Filed Complaints With SEBI, NSE, And EOW; SEBI Identified Allied Financial Services' Actions As Fraudulent.