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Dalmia Bharat Q2 Results Review - Lower Realisation Hits Ebitda Margins; Retain Buy: Axis Securities

Valuation remains attractive, says the brokerage and sets target price of Rs 2040/share, implying an upside of 11% from the current market price.

<div class="paragraphs"><p>Cement bags lying inside a warehouse in Jogeshwari, Mumbai. (Source: Vijay Sartape/ NDTV Profit)</p></div>
Cement bags lying inside a warehouse in Jogeshwari, Mumbai. (Source: Vijay Sartape/ NDTV Profit)
NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
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