DALMIA BHARAT LTD.
NSE : DALBHARATBSE : 542216ISIN
CODE : INE00R701025Industry : Cement & Construction MaterialsHouse
: Dalmia Bharat
BSE1817.953.35 (+0.18 % )
PREV CLOSE (Rs.) 1814.60
OPEN PRICE (Rs.) 1815.05
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 3156
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE1818.95 4.45 (+0.25 % )
PREV CLOSE(Rs.) 1814.50
OPEN PRICE (Rs.) 1817.40
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 1818.95 (4 )
VOLUME 20499
TODAY'S LOW / HIGH(Rs.)
52 WK LOW / HIGH (Rs.)
Company News
| Date | Heading | Details |
|---|---|---|
| 04-May-2024 | Dalmia Bharat informs about disclosure | <p style="text-align: justify;">Dalmia Bharat has informed that Dalmia Cement (Bharat) (‘DCBL') wholly owned subsidiary of the Company, has received order on May 3, 2024 at 10:50 am under Section 73 of the Central Goods and Services Tax Act, 2017 and Jharkhand Goods and Services Tax Act, 2017 from the Additional Commissioner - CGST & Central Excise Commissionerate, Ranchi, Jharkhand for demand of penalty of Rs 5,23,966 due to claim of ineligible input tax credit and reversal thereof for FY 2018-19. This case relates to erstwhile Dalmia Cement East Limited which has since been merged with DCBL. On receipt of the order, it was noticed that there has been an apparent error in imposition of penalty in the order passed and accordingly, DCBL has submitted a revision petition to Additional Commissioner for correcting the same. DCBL expects relief in penalty imposed as aforesaid. The details as required under Regulation 30 of the Listing Regulations read with SEBI circular dated SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 are provided in the Annexure.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p> |
| 25-Apr-2024 | Dalmia Bharat informs about newspaper publication | <p style="text-align: justify;">Pursuant to Regulations 30 and 47 of Listing Regulations, Dalmia Bharat has informed that it enclosed a copy of newspaper notice published today on April 25, 2024, in Financial Express (English-all editions- National) and Dinamani (Tamil-all editions), informing, for Audited financial results of the Company for the quarter & year ended March 31, 2024. The same has been made available on the Company's' website at www.dalmiabharat.com.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p> |
| 08-Apr-2024 | Tata Steel, Titan Company and Vodafone Idea to see some action today | <p style="text-align: justify;"><span style="font-weight: bold;">Tata Steel</span>'s Indian business has registered 4.47% rise in output at 5.38 million tons (MT) in Q4FY24 as compared to 5.15 MT it had produced during Q4FY23. Its deliveries report marginal rise to 5.41 MT in the Q4FY24 period from 5.15 MT a year ago. In full year, its production stood at 20.76 MT, while deliveries stood at 19.90 MT. </p><p style="text-align: justify;"><span style="font-weight: bold;">Titan Company</span> has registered a revenue growth of 17% Year-on-Year (Y-o-Y) in Q4FY24. A total of 86 stores (net) were added in the quarter. The retail network presence stands at 3,035 stores. Its Jewellery domestic operations grew 19% YoY led by both buyers and same store sales clocking healthy double digit growths. Growth was similar across gold (plain) and studded segments. Tanishq added a new store in Dubai and Chicago (USA) during the quarter. Of the 27 new store additions (net) in India, 11 stores were added in Tanishq and 16 stores were added in Mia.</p><p style="text-align: justify;"><span style="font-weight: bold;">Vodafone Idea</span>'s board has approved issuance of up to 139.54 crore equity shares at Rs. 14.87 each, aggregating to Rs 2,075 crore to Oriana Investments. The Board also approved an increase in Authorised share capital of the company from Rs 75,000 crore to reference to Rs 1 lakh crore.</p><p style="text-align: justify;"><span style="font-weight: bold;">Mahindra EPC Irrigation</span> has been awarded contracts worth around Rs 13.2 crore. The contract is for supply of Micro Irrigation Systems. The order is to be executed within 12 months. </p><p style="text-align: justify;"><span style="font-weight: bold;">JSW Energy</span> has raised Rs 5,000 crore through Qualified Institutions Placement (QIP). The company has raised fund by selling shares to institutional investors, including Abu Dhabi Investment Authority (ADIA), to accelerate its growth plans. The proceeds from the QIP will further bolster its capital structure, enhance financial flexibility and enable the company to accelerate its ambitious growth plans. The QIP witnessed more than 3.2 times subscription. </p><p style="text-align: justify;"><span style="font-weight: bold;">Dalmia Bharat</span>'s wholly owned subsidiary -- Dalmia Cement (Bharat) (DCBL) has entered into Share Purchase Agreement (SPA), Deed of Accession (DOA) and Power Purchase Agreement (PPA) on April 5, 2024, to acquire 18.13% of equity share capital of O2 Renewable Energy V, consisting of 68,99,293 equity shares around to Rs 7.80 crore in one or more tranches to source wind power as a captive consumer for a capacity upto 11 MW located in the State of Karnataka.</p><p style="text-align: justify;"><span style="font-weight: bold;">Cochin Shipyard </span>(CSL) has signed the Master Shipyard Repair Agreement (MSRA) with United States Navy. The MSRA is a non-financial agreement and is effective from April 05, 2024. This will facilitate repair of US Naval vessels under Military Sealift Command in CSL. </p> |
| 06-Apr-2024 | Dalmia Bharat's arm to acquire 18.13% stake in O2 Renewable Energy V | <p style="text-align: justify;">Dalmia Bharat's wholly owned subsidiary -- Dalmia Cement (Bharat) (DCBL) has entered into Share Purchase Agreement (SPA), Deed of Accession (DOA) and Power Purchase Agreement (PPA) on April 5, 2024, to acquire 18.13% of equity share capital of O2 Renewable Energy V, consisting of 68,99,293 equity shares around to Rs 7.80 crore in one or more tranches to source wind power as a captive consumer for a capacity upto 11 MW located in the State of Karnataka.</p><p style="text-align: justify;">The acquisition is in order to enhance its source of renewable power supply to achieve group's commitment towards RE 100 by 2030 and carbon negative by 2040. The renewal power (wind) will qualify as captive consumer under the Electricity Act/ Rules.</p><p style="text-align: justify;">Dalmia Bharat has emerged as one of the most respected cement manufacturers in India, contributing to nation-building through adequate capacity creation, consistently high quality standards and value-added products.</p><div style="text-align: justify;"><br></div> |
| 06-Apr-2024 | Dalmia Bharat informs about acquisition | <p style="text-align: justify;">Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations'), Dalmia Bharat has informed that Dalmia Cement (Bharat) (‘DCBL'), wholly owned subsidiary of the Company, has entered into Share Purchase Agreement (‘SPA'), Deed of Accession (‘DOA') and Power Purchase Agreement (‘PPA') on April 5, 2024, to acquire 18.13% of equity share capital of O2 Renewable Energy V, consisting of 68,99,293 equity shares aggregating to Rs 7,80,99,997, in one or more tranches to source wind power as a captive consumer for a capacity upto 11 MW located in the State of Karnataka. The transaction is subject to customary conditions precedents and expected to be completed within a period of 8 weeks. The details as required under Regulation 30 of the Listing Regulations read with SEBI circular dated SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 are provided in the Annexure hereto.</p><div>The above information is a part of company's filings submitted to BSE.</div> |
| 25-Jan-2024 | Dalmia Bharat reports 22% rise in Q3 consolidated net profit | <p style="text-align: justify;">Dalmia Bharat has reported results for third quarter ended December 31, 2023 (Q3FY24). </p><p style="text-align: justify;">The company has reported 18.18% fall in net profit at Rs 9 crore for the quarter ended December 31, 2023 as compared to Rs 11 crore for the same quarter in the previous year. Total income of the company decreased by 9.30% at Rs 39 crore for Q3FY24 as compared Rs 43 crore for corresponding quarter of the previous year.</p><p style="text-align: justify;">On consolidated basis, the company reported 22.02% rise in its net profit at Rs 266 crore for Q3FY24 as compared to Rs 218 crore for the same quarter in the previous year. Total income of the company increased by 8.05% at Rs 3664 crore for Q3FY24 as compared Rs 3391 crore for corresponding quarter of the previous year.</p> |
| 25-Jan-2024 | Dalmia Bharat gains on reporting 22% rise in Q3 consolidated net profit | <p style="text-align: justify;">Dalmia Bharat is currently trading at Rs. 2192.00, up by 38.75 points or 1.80% from its previous closing of Rs. 2153.25 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 2196.35 and has touched a high and low of Rs. 2219.90 and Rs. 2143.45 respectively. So far 471718 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2428.85 on 14-Dec-2023 and a 52 week low of Rs. 1675.00 on 27-Jan-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 2240.00 and Rs. 2072.50 respectively. The current market cap of the company is Rs. 41110.44 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 55.84%, while Institutions and Non-Institutions held 24.12% and 20.03% respectively.</p><p style="text-align: justify;">Dalmia Bharat has reported results for third quarter ended December 31, 2023 (Q3FY24). </p><p style="text-align: justify;">The company has reported 18.18% fall in net profit at Rs 9 crore for the quarter ended December 31, 2023 as compared to Rs 11 crore for the same quarter in the previous year. Total income of the company decreased by 9.30% at Rs 39 crore for Q3FY24 as compared Rs 43 crore for corresponding quarter of the previous year.</p><p style="text-align: justify;">On consolidated basis, the company reported 22.02% rise in its net profit at Rs 266 crore for Q3FY24 as compared to Rs 218 crore for the same quarter in the previous year. Total income of the company increased by 8.05% at Rs 3664 crore for Q3FY24 as compared Rs 3391 crore for corresponding quarter of the previous year.</p> |
| 08-Dec-2023 | Dalmia Bharat informs about disclosure | <p style="text-align: justify;">Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘LODR Regulations'), Dalmia Bharat has informed that the Company has received order under Section 73 of Central Goods and Services Tax Act, 2017 on December 07, 2023 for availing input tax credit in FY 2017-18 from a supplier whose GSTIN has been cancelled by department on August 29, 2020 retrospectively with effect from July 1, 2017 despite the fact that the supplier had paid tax in relevant FY 2017-18. In the said order, the authority has demanded input tax credit of Rs 57,510 along with interest and penalty. The Company has a strong case to defend the matter before the Appellate Authorities and shall file an appeal against the said order before the Commissioner (Appeals) within prescribed timelines. The details as required under Regulation 30 of the Listing Regulations read with SEBI circular dated SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 are provided in the Annexure.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p> |
| 02-Nov-2023 | Dalmia Bharat's arm start commercial production of Increased cement grinding capacity at Belgaum | <p>Dalmia Bharat's wholly owned subsidiary -- Dalmia Cement (Bharat) has successfully commenced commercial production of its 0.9 MTPA Increased Cement Grinding Capacity at Belgaum, Karnataka in order to cater to growing Cement Market of Southern and Western Regions. Dalmia Cement (Bharat) has commenced commercial production on November 1, 2023.</p><p>Dalmia Bharat has emerged as one of the most respected cement manufacturers in India, contributing to nation-building through adequate capacity creation, consistently high quality standards and value-added products.</p> |
| 02-Nov-2023 | Dalmia Bharat gains as its arm start commercial production of increased cement grinding capacity at Belgaum | <p style="text-align: justify;">Dalmia Bharat is currently trading at Rs. 2088.90, up by 21.25 points or 1.03% from its previous closing of Rs. 2067.65 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 2071.05 and has touched a high and low of Rs. 2104.35 and Rs. 2071.05 respectively. So far 1377 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2424.40 on 27-Sep-2023 and a 52 week low of Rs. 1578.55 on 02-Nov-2022.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 2116.65 and Rs. 2025.45 respectively. The current market cap of the company is Rs. 39255.73 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 55.85%, while Institutions and Non-Institutions held 23.69% and 20.47% respectively.</p><p style="text-align: justify;">Dalmia Bharat's wholly owned subsidiary -- Dalmia Cement (Bharat) has successfully commenced commercial production of its 0.9 MTPA increased Cement Grinding Capacity at Belgaum, Karnataka in order to cater to growing Cement Market of Southern and Western Regions. Dalmia Cement (Bharat) has commenced commercial production on November 1, 2023.</p><p style="text-align: justify;">Dalmia Bharat has emerged as one of the most respected cement manufacturers in India, contributing to nation-building through adequate capacity creation, consistently high quality standards and value-added products.</p> |
