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Manish Salvi

27th Oct · SEBI Registration INH000015598

Dalmia Bharat falls 5.7% to four-year low on Q2 loss

Dalmia Bharat Limited shares fell 5.66% to Rs 1,533.70 after a Q2 loss of Rs 205 crore, with a one-time loss of Rs 339 crore. Support is at Rs 1,507.70. Dalmia Bharat Limited [

DALBHARAT
] shares fell 5.66% to Rs 1,533.70 on 27 October, amid its Q2 results. The stock touched a low of Rs 1,507.70, a four-year low. The company reported a consolidated loss of Rs 205 crore, against a profit of Rs 239 crore a year earlier. Revenue rose 4.3% to Rs 3,563 crore from Rs 3,417 crore. It also booked a one-time exceptional loss of Rs 339 crore in the quarter. The exceptional loss is larger than the net loss, so it appears to have driven the result, though the update gives no tax or margin data. On the daily chart, the stock has fallen from its 2025 peak near Rs 2,500 and keeps making lower highs and lower lows. The RSI reads 35.18, below its average of 39.51, which shows weak momentum but not an extreme. It does not show that the fall is over. In my view, the trend is bearish. A fall below Rs 1,507.70, today’s low, would put lower levels in view. A move above the Rs 1,600 resistance would weaken the view. Bearish view while price trades below Rs 1,600. Disclaimer: I do not hold any position in this. This content is for informational purposes only and is not a recommendation to buy or sell. Investments in securities are subject to market risks. Please read all related documents carefully before investing.

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