Dalmia Bharat

Dalmia Bharat leads slide in sugar stocks, tanks 13% on export ban

Sugar stocks fell sharply on Wednesday, a day after the government imposed restrictions on sugar exports from June 1 to increase availability of the commodity in domestic market and curb price rise. Shares of Dalmia Bharat Sugar and Industries plummeted 13.40 per cent, Dwarikesh Sugar tumbled 9.38 per cent, Uttam Sugar Mills plunged 9.30 per cent and Balrampur Chini Mills tanked 8.56 per cent on the BSE. Also, Avadh Sugar & Energy dived 8.04 per cent, Shree Renuka Sugars declined 6.69 per cent and Mawana Sugars dipped 4.97 per cent. "Export of sugar (raw, refined and white sugar) is placed under restricted category from June 1, 2022 onwards," the Directorate General of Foreign Trade (DGFT) said in a notification on Tuesday. In a statement, the government said with a view to maintain domestic availability and price stability of sugar in the country during sugar season 2021-22 (October-September), it has been decided to regulate the sugar exports with effect from June 1.

Dalmia Bharat profit down 6.10% to Rs 600 crore in fourth quarter

Cement maker Dalmia Bharat has reported 6.10 per cent decline in consolidated net profit at Rs 600 crore for the fourth quarter ended March 2022.

Sugar stocks sweeten; Dwarikesh, Dalmia Bharat, Triveni surge up to 10%

Magadh Sugar & Energy, Rana Sugar, Uttam Sugar Mills, KM Sugar, Andhra Sugar, Mawana Sugar and Shree Renuka Sugar surged 10 per cent to 15 per cent on the BSE.

Dalmia Bharat Sugar consolidated net profit at Rs 57 cr in third quarter

Dalmia Bharat Sugar and Industries Ltd posted 52.5 per cent jump in consolidated net profit at Rs 56.58 crore during the third quarter of 2021-22.

Dalmia Bharat Q3 profit declines 59.2% to Rs 73 cr; revenue at Rs 2,731 cr

Cement maker Dalmia Bharat Ltd reported a 59.2 per cent decline in its consolidated net profit to Rs 73 crore for the third quarter ended December 2021.

Sugar stocks in demand; Balrampur, Dalmia Bharat, Triveni gain up to 10%

ICICI Securities believe domestic as well as global sugar prices would remain firm at least for next one year

Dalmia Bharat second quarter profit down 10% to Rs 209 crore

Shares of Dalmia Bharat on Wednesday settled at Rs 1,960.45 apiece on BSE, up 1 per cent from the previous close

Weak demand, high cost to keep cement firms' EBITDA muted in Q2: Centrum

Q2FY22 is generally a weak quarter for cement makers due to monsoon, but the quarter under preview has also been affected by rising coal and pet coke prices and a transporters' strike

Sugar stocks sweeten: Triveni, Dalmia, Balrampur, Uttam Sugar gain up to 5%

India's sugar export rose 20 per cent to an all-time high of 7.1 million tonne in the 2020-21 in the marketing year ended ended September 2021 on the back of better demand and financial assistance fro

Dalmia Bharat chalks out a three-pronged strategy to arrest cost inflation

Dalmia Bharat hopes that a demand pick-up in the coming quarters would allow it to pass on some of the cost to the consumer

Cement shares in demand; UltraTech, Ambuja, Dalmia Bharat hit new highs

In the past one month, shares of Dalmia Bharat, JK Lakshmi Cement, Ramco Cement and Ambuja Cement have rallied between 11 per cent and 19 per cent

Sugar shares rally; Dalmia Bharat, Triveni, Dwarikesh zoom up to 19%

On World Environment Day (June 5), Prime Minister Narendra Modi announced that the target of 20 per cent ethanol-blended petrol has been advanced by five years to 2025

Sugar stocks on a roll; Dwarikesh, Dhampur, Uttam, Dalmia soar over 15%

India's sugar industry is well poised to benefit from global and domestic factors.

Dalmia Bharat consolidated profit zooms to Rs 640 crore in Jan-Mar 2021

Cement maker Dalmia Bharat on Friday reported an uptick in consolidated profit at Rs 640 crore for the fourth quarter ended March 31, 2021, on account of higher revenue from operations and tax credit

Dalmia Bharat gets securities worth Rs 344 cr back from IL&FS Securities

Cement maker Dalmia Bharat Ltd on Friday said securities worth Rs 344 crore have been credited back to the demat account of its arm by IL&FS Securities Services following an order of the Supreme Court. Mutual fund units of its two erstwhile subsidiaries were earlier "fraudulently and illegally transferred" by Allied Financial Services Pvt Ltd (AFSPL) "in collusion with IL&FS Securities Services Limited (ISSL)", Dalmia Bharat said in a regulatory filing. The two subsidiaries were of Dalmia Bharat's step-down firm Dalmia Cement (Bharat) Limited (DCBL). "We hereby further update that the said Securities of DCBL lying with ISSL were released in favour of DCBL and credited back to its demat account as per said order of the Supreme Court," it said. Earlier on March 16, 2021, the Supreme Court had modified its previous order of August 2019 and had allowed the release of the securities. The apex court had directed "release of the Mutual fund units of two erstwhile subsidiaries of ...

SC orders restoration of MF units to Dalmia Bharat Group; stock zooms 11%

The Supreme Court on Tuesday ordered IL&FS Securities Services to release mutual fund units worth Rs 344 crore to the Dalmia Bharat Group

Dalmia Bharat Sugar sees 39% rise in profir at Rs 37 cr for Dec quarter

Dalmia Bharat Sugar and Industries on Friday reported a 39 per cent rise in consolidated net profit at Rs 37.10 crore for the quarter ended December on higher income.

Dalmia Bharat's net profit rises multi-fold to Rs 183 cr in Dec quarter

The company had posted a net profit of Rs 26 crore during the corresponding quarter of last fiscal, Dalmia Bharat said in a regulatory filing

Surprise amid pandemic: Firms across sectors beat Q2 earnings expectations

Most brokerages have revised upwards their earnings estimates, not only for FY21, but also for FY22

Infosys, PI Industries, ICICI Bank: Top picks of brokerages for Samvat 2077

According to Axis Securities, the small and midcaps are picking up steam and they should deliver solid returns in 2021 as economic uncertainties will reduce and volatility will decline