Dalmia Bharat Ltd

12 mai

Dalmia Bharat is engaged in the business of Manufacturing and Selling of Cement.
Started in 1939, Its 4th largest cement manufacturer by installed capacity in India.

Fundamentals:-
Market Cap ₹ 32,162 Cr.
Current Price ₹ 1,715
Graham Number ₹ 931
Book Value ₹ 874
Intrinsic Value ₹ 701
Stock PE 38.9
Industry PE 19.2
Dividend Yield 0.52 %
ROCE 7.12 %
ROE 5.16 %
Promoter holding 55.8 %
Pledged Promoter 0 %
Debt 7 Years ago ₹ 8,038 Cr.
Debt 5 Years ago ₹ 5,883 Cr.
Debt 3 Years ago ₹ 3,839 Cr.
Debt ₹ 4,805 Cr.
Reserves ₹ 16,359 Cr.
Piotroski score 6
Its a Dividend giving stock with good Piotroski Score.
Current price is almost double of Graham Number, Book Value & Intrinsic Value.
Stock PE is approx two times industry PE.
Reserves are more than Debt, Also its continuously reducing Debt.
Promoter holding is good & No promoters are pledged.

Technical:-
- Price made "Double Bottom" near 2430 before falling (2 Yellow Stars).
- Price is in Ascending Channel - Red Arrows on Resistance Line & Green Arrows on
Support line showing channel in skyblue colour.
- Price is below Weekly 200 EMA (White Line) but above Monthly 200 EMA (Pink Line).
- Support Zone near 1550 & 1210 marked as Green horizontal block.
- Buy Zone, Targets and Stoploss are marked on the Chart.
- Resistance Zone near 2400 & 3500 marked as Red horizontal block.
- So expected to bounce back near 1550 or 1210 with Targets upto 2400 or 3500.

Levels:-
Buy 1550 - 1210
Stoploss 1050
Positional Tgt 2400
LongTerm Tgt 3500

This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.