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Dalmia Bharat is currently trading at Rs. 1838.80, up by 5.60 points or 0.31% from its previous closing of Rs. 1833.20 on the BSE.

The scrip opened at Rs. 1833.00 and has touched a high and low of Rs. 1840.05 and Rs. 1833.00 respectively. So far 231 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2428.85 on 14-Dec-2023 and a 52 week low of Rs. 1664.20 on 04-Jun-2024.

Last one week high and low of the scrip stood at Rs. 1928.95 and Rs. 1814.10 respectively. The current market cap of the company is Rs. 34381.23 crore.

The promoters holding in the company stood at 55.84%, while Institutions and Non-Institutions held 23.17% and 20.99% respectively.

Dalmia Bharat’s wholly owned subsidiary -- Dalmia Cement (Bharat) has entered into Share Subscription and Shareholders agreement (SSSHA) on September 18, 2024, to acquire 26.00% of equity share capital of Solsolis Solar Energy Solutions, consisting of 30,24,000 equity shares aggregating to Rs 3.02 crore, in one or more tranches to source solar power as a captive consumer for a capacity upto 11.2 MW located in the State of Odisha.

The transaction is subject to customary conditions precedents and expected to be completed within 8 months. The objective of acquisition is in order to enhance its source of renewable power supply to achieve group’s commitment towards RE 100 by 2030 and carbon negative by 2040. The renewal power (solar) will qualify as captive consumer under the Electricity Act/ Rules.

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.