Buy Dalmia Bharat, target Rs 3,480: Sagar Doshi

Sagar Doshi of Edelweiss Financial Services has a buy call on Dalmia Bharat with a target price of Rs 3,480.

The current market price of Dalmia Bharat is Rs 3,176.70.

Time period given by the analyst is intraday when Dalmia Bharat price can reach defined target.

Sagar Doshi recommended to keep stoploss at Rs 3,050.

Dalmia Bharat, incorporated in the year 2006, is a Large Cap company (having a market cap of Rs 28,261.77 Crore) operating in Cement sector.

The company's top management includes Mr.Gautam Dalmia, Mr.Jai Hari Dalmia, Mr.Jayesh Doshi, Mr.N Gopalaswamy, Mr.Pradip Kumar Khaitan, Mr.Puneet Yadu Dalmia, Mr.Virendra Singh Jain, Mr.Yadu Hari Dalmia, Mrs.Sudha Pillai.

Company has S S Kothari Mehta & Co as its auditors.

As on 30-09-2017, the company has a total of 88,965,803 shares outstanding.

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