Dalmia Bharat falls to 52-week low after Q2 loss of ₹205 crore
In short
Dalmia Bharat shares fell 7.4% to a 52-week low after its September-quarter results. Revenue grew 4%, but the company reported a loss of ₹205 crore and EBITDA fell 29% year on year.
Brokerages cut price targets because of cost pressure and demand worries. The big unknown is whether volume growth and margins improve soon.
What the reporting says
Dalmia Bharat shares fell 7.4% to a 52-week low after the cement maker reported September-quarter revenue growth of 4% but a loss of ₹205 crore. The available reporting says EBITDA fell 29% year on year, and brokerages cut price targets because of cost pressures, demand concerns and volume-growth risks. The immediate consequence is pressure on the stock; the next catalyst is whether margins and demand stabilize.
Why it matters
Dalmia Bharat’s September-quarter results showed 4% revenue growth but a ₹205 crore loss, versus a profit a year earlier, and EBITDA fell 29% year on year. The shares dropped 7.4% to a 52-week low as brokerages lowered price targets. The reporting points to cost pressure, demand concerns and volume-growth risks. The immediate impact is negative for the stock; a recovery depends on margin and demand improvement not yet shown.