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
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 hopes that a demand pick-up in the coming quarters would allow it to pass on some of the cost to the consumer
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
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
India's sugar industry is well poised to benefit from global and domestic factors.
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
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 ...
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 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.
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
Most brokerages have revised upwards their earnings estimates, not only for FY21, but also for FY22
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
Its net profit stood at Rs 50.13 crore in the year-ago period
The company reported an increase of 40 per cent YoY in Ebitda/t at Rs 1,457 due to a conscious and continuous containment of both variable & fixed costs
Murli Industries' acquisition will drive market share gains in west India, while multiple expansions continue in east and south
Dalmia Bharat's total expenses fell 25.54 per cent to Rs 1,734 crore in June quarter as against Rs 2,329 crore in Q1FY20
The company had posted a net profit of Rs 54.39 crore in the same quarter year ago, according to a regulatory filing.
All that happened in the markets today
Calcom was admitted to NCLT following an appeal from Mauritius based GuarantCo Ltd, a financial creditor who has alleged dues of Rs 100 crore