Dalmia Bharat gains as its arm start commercial production of increased cement grinding capacity at Belgaum
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Dalmia Bharat is currently trading at Rs. 2088.90, up by 21.25 points or 1.03% from its previous closing of Rs. 2067.65 on the BSE.
The scrip opened at Rs. 2071.05 and has touched a high and low of Rs. 2104.35 and Rs. 2071.05 respectively. So far 1377 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2424.40 on 27-Sep-2023 and a 52 week low of Rs. 1578.55 on 02-Nov-2022.
Last one week high and low of the scrip stood at Rs. 2116.65 and Rs. 2025.45 respectively. The current market cap of the company is Rs. 39255.73 crore.
The promoters holding in the company stood at 55.85%, while Institutions and Non-Institutions held 23.69% and 20.47% respectively.
Dalmia Bharat’s wholly owned subsidiary -- Dalmia Cement (Bharat) has successfully commenced commercial production of its 0.9 MTPA increased Cement Grinding Capacity at Belgaum, Karnataka in order to cater to growing Cement Market of Southern and Western Regions. Dalmia Cement (Bharat) has commenced commercial production on November 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.
