Dalmia Bharat gains as its step down arm commences commercial production of Greenfield Grinding unit at Sattur
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Dalmia Bharat is currently trading at Rs. 1993.40, up by 7.25 points or 0.37% from its previous closing of Rs. 1986.15 on the BSE.
The scrip opened at Rs. 1978.20 and has touched a high and low of Rs. 2006.80 and Rs. 1978.05 respectively. So far 1746 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2289.45 on 16-Jun-2023 and a 52 week low of Rs. 1478.05 on 17-Oct-2022.
Last one week high and low of the scrip stood at Rs. 2006.80 and Rs. 1926.00 respectively. The current market cap of the company is Rs. 37405.74 crore.
The promoters holding in the company stood at 55.86%, while Institutions and Non-Institutions held 22.85% and 21.29% respectively.
Dalmia Bharat’s step down wholly owned subsidiary -- Dalmia Bharat Green Vision has successfully commenced commercial production of its 2.0 MTPA Greenfield Cement Grinding unit at Sattur, Tamil Nadu in order to cater to growing Cement Market of Southern Region.
With the commencement of commercial production of this 2.0 MTPA Greenfield Cement Grinding Unit at Sattur, Tamil Nadu, the total cement manufacturing capacity of the Company stands increased to 43.7 MTPA. The commercial production of the additional Capacity has commenced from August 1, 2023.
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.
