Dalmia Bharat: Growth Insights Are in Place; Valuations Attractive
DALBHARA is a dominant player in East India with a clinker/grinding capacity share of 18%/17%.The company will be a beneficiary of: 1) improved...
241 Views
Cement: Higher Costs to Impact Margins, Demand Outlook Positive
After a subdued Q3FY22, cement demand witnessed an uptick in the month of Jan’22. While demand in Feb’22 stood a little softer on account of the...
228 Views
Dalmia Bharat: Weak Q3; Higher Realization and Demand Key Monitorables
We roll over our estimate to FY24E and value the company at 11x FY24E EV/EBITDA, to arrive at a target price of Rs1945/share. This implies an...
215 Views
Dalmia Bharat: Healthy Operating Performance; New Capex To Provide Growth Thrust
We maintain our BUY rating on the stock, valuing the company at 13x FY23E EV/EBITDA, to arrive at a target price of Rs 2,370/share, implying an...
239 Views
HSIE Results Daily: Maruti Suzuk, Nestle India, Dalmia Bharat, Teamlease Services
HSIE Results Daily Maruti Suzuki: Marutis Q1FY22 PAT, at INR 4.4bn (-62% QoQ), was adversely impacted by the second wave of COVID. We believe that...
150 Views