Dalmia Bharat Share Price: Dalmia Bharat traded higher on Thursday, November 3, despite a massive fall in net profit falls in the July-September quarter. The cement maker on Wednesday reported a 76.84 per cent decline in consolidated net profit at Rs 47 crore against Rs 203 crore during the corresponding quarter a year ago.

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

The stock opened in red tracking the negative sentiment in the domestic markets amid a weak trend in global equity markets post aggressive rake hike by the Federal Reserve. The stock quoted Rs 1585 at 9:15 and later reversed to jump nearly 4 per cent at 3 PM to trade at Rs 1654 on the NSE.

Following the release of Dalmia Bharat's Q2FY23 numbers, brokerages have revised their targets, seeing an upside move of around 20 per cent.

Click Here For Latest Updates On Stock Market | Zee Business Live