Dalmia Bharat: Weak Q3; Higher Realization and Demand Key Monitorables
We roll over our estimate to FY24E and value the company at 11x FY24E EV/EBITDA, to arrive at a target price of Rs1945/share. This implies an...
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Dalmia Bharat: Healthy Operating Performance; New Capex To Provide Growth Thrust
We maintain our BUY rating on the stock, valuing the company at 13x FY23E EV/EBITDA, to arrive at a target price of Rs 2,370/share, implying an...
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HSIE Results Daily: Maruti Suzuk, Nestle India, Dalmia Bharat, Teamlease Services
HSIE Results Daily Maruti Suzuki: Marutis Q1FY22 PAT, at INR 4.4bn (-62% QoQ), was adversely impacted by the second wave of COVID. We believe that...
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