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Dalmia Bharat Shares Downgraded as Price Targets Are Cut

Shares of Dalmia Bharat Ltd. are in focus after the cement maker reported a net loss for the September quarter of FY27, partly due to exceptional charges. The headline reports downgrades and price-target cuts.

DALBHARAT

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03:42:35 AM UTC
SquawkNews
DALMIA BHARAT LTD SHARES DOWN 5% IN PRE-OPEN TRADE AFTER QTRLY LOSS VS PROFIT A YEAR AGO

Shares of Dalmia Bharat Ltd. will be in focus on Tuesday, October 27, after the cement maker reported a weak set of results for the September quarter of FY27, with higher costs and subdued demand weighing on profitability. The company also reported a net loss, partly due to exceptional charges rela…