DALBHARAT

Fundamental View- Dalmia Bharat Ltd. is one of India’s leading cement producers, with strong presence in Eastern and Southern regions. In Q1 FY25, the company reported a 6.2% YoY rise in cement volumes (7.4 MT) and 9.2% growth in EBITDA to ₹669 crore, with EBITDA margins at 18.5%. PAT stood at ₹145 crore. The company is actively expanding capacity (targeting ~49.5 MT by FY25) and recently commissioned a 2.4 MT plant in Assam. With a low debt-to-EBITDA of 0.17× and rising renewable energy usage, Dalmia Bharat shows long-term growth potential, though current ROE (~4%) and net margin (~5.8%) remain modest. Technical View- As seen on the daily chart, Dalmia Bharat has been forming higher highs and higher lows for the past two sessions, indicating a strong bullish structure. The stock is currently trading with solid buying strength and maintaining support above the 14-day EMA, reflecting underlying momentum. With the Q1 results scheduled for 22nd July, some volatility can be expected. However, technical indicators remain positive — the RSI is at 67.94, showing strength without entering overbought territory; the MACD is in bullish alignment with upward momentum; and Parabolic SAR dots are trailing below the price, confirming the ongoing uptrend. Any dip from current levels may present a good buying opportunity, with strong support seen around ₹2150. If the rally continues, the stock could potentially move toward the ₹2350–₹2400 zone in the near term. Warning- ***** ***** ***** ***** *****