May 2, 2025
Home » Buy Dalmia Bharat, target price Rs 2,260: Axis Securities Jobbery Stock Market update New
Buy Dalmia Bharat, target price Rs 2,260:  Axis Securities Jobbery Stock Market update New

Axis Securities maintains a Buy call on Dalmia Bharat with a target price of Rs 2,260, citing improved margins driven by lower costs in Q4FY25. The brokerage anticipates strong growth, projecting Volume/Revenue/EBITDA/PAT CAGRs of 8%/6%/11%/17% over FY24-FY27E, fueled by capacity expansion and market share gains. The cement sector’s consolidation and attractive valuations further support the positive outlook.

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