Dalmia Bharat moves up as its arm emerges as highest bidder for two coal blocks in Jharkhand
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Dalmia Bharat is currently trading at Rs. 1960.05, up by 17.70 points or 0.91% from its previous closing of Rs. 1942.35 on the BSE.
The scrip opened at Rs. 1947.65 and has touched a high and low of Rs. 1962.30 and Rs. 1937.35 respectively. So far 4659 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. 1305.60 on 10-Feb-2021.
Last one week high and low of the scrip stood at Rs. 2012.30 and Rs. 1906.20 respectively. The current market cap of the company is Rs. 36682.10 crore.
The promoters holding in the company stood at 55.97%, while Institutions and Non-Institutions held 20.02% and 24.01% respectively.
Dalmia Bharat’s subsidiary -- Dalmia Cement (Bharat) has emerged as the highest bidder for two coal blocks in Jharkhand that were auctioned for commercial use. Five coal mines were put up for auction on the first day of the auction. Four coal mines are fully explored and one block is partially explored.
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.
