Dalmia Bharat gains on reporting over 2-fold jump in Q2 consolidated net profit
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Dalmia Bharat is currently trading at Rs. 2313.95, up by 20.95 points or 0.91% from its previous closing of Rs. 2293.00 on the BSE.
The scrip opened at Rs. 2315.30 and has touched a high and low of Rs. 2374.60 and Rs. 2292.35 respectively. So far 17976 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. 1478.05 on 17-Oct-2022.
Last one week high and low of the scrip stood at Rs. 2374.60 and Rs. 2199.00 respectively. The current market cap of the company is Rs. 44235.60 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 has reported 2.35% marginal fall in its net profit at Rs 83 crore for second quarter ended September 30, 2023 as compared to Rs 85 crore for the same quarter in the previous year. Total income of the company decreased by 2.48% at Rs 118 crore for Q2FY24 as compared Rs 121 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported over 2- fold jump in its net profit at Rs 123 crore for the quarter ended September 30, 2023 as compared to Rs 47 crore for the same quarter in the previous year. Total income of the company increased by 7.55% at Rs 3234 crore for Q2FY24 as compared Rs 3007 crore for the corresponding quarter previous year.
