Dalmia Bharat is currently trading at Rs. 2016.15, up by 4.10 points or 0.20% from its previous closing of Rs. 2012.05 on the BSE.
Dalmia Bharat The scrip opened at Rs. 2023.35 and has touched a high and low of Rs. 2030.50 and Rs. 2009.85 respectively. So far 954 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 2547.20 on 14-Sep-2021 and a 52 week low of Rs. 1082.00 on 18-Jan-2021.
Last one week high and low of the scrip stood at Rs. 2037.90 and Rs. 1936.65 respectively. The current market cap of the company is Rs. 37708.30 crore.
The promoters holding in the company stood at 55.97%, while Institutions and Non-Institutions held 19.84% and 24.18% respectively.
Dalmia Bharat’s subsidiary — Dalmia Cement (Bharat) has commenced commercial production at its Murli Plant in Chandrapur district, Maharashtra and thereby adding 2.9 MnT cement capacity to the company’s overall installed capacity. The company’s installed cement capacity has now grown to 35.9 MnT.
The company acquired the plant for Rs 410 crore and further committed to invest Rs 929 crore for the revival, modernization, expansion and installing green manufacturing equipment viz Waste Heat Recovery Systems, Solar Power, Green Fuel systems and Robotic Labs for enhanced Quality monitoring. Approximately Rs 900 crore is spent/committed out of a total of Rs 1339 crore. The Plant has been turned around in a record time of 15 months from its acquisition under the Insolvency and Bankruptcy Code (IBC) process.
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.