Axis Securities has an overweight call on Dalmia Bharat Ltd. with a target price of Rs 2040. The current market price of Dalmia Bharat is Rs 1667.9. Dalmia Bharat, incorporated in 2013, is a Mid Cap company with a market cap of Rs 31198.65 crore, operating in the Cement sector.

Dalmia Bharat’s key products/revenue segments include Income From Management Services for the year ending 31-Mar-2023.

Financials
For the quarter ended 31-12-2024, the company has reported a Consolidated Total Income of Rs 3218.00 crore, up 1.84% from last quarter Total Income of Rs 3160 crore and down -12.17 % from last year same quarter Total Income of Rs 3664 crore. The company has reported net profit after tax of Rs 66.00 crore in the latest quarter.

The…