SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Dalmia Bharat rises as its arm bags coal mine in Madhya Pradesh

28 Feb 2023 Evaluate

Dalmia Bharat is currently trading at Rs. 1849.00, up by 13.70 points or 0.75% from its previous closing of Rs. 1835.30 on the BSE.

The scrip opened at Rs. 1836.80 and has touched a high and low of Rs. 1853.50 and Rs. 1812.20 respectively. So far 5439 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1989.00 on 17-Feb-2023 and a 52 week low of Rs. 1212.60 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 1933.80 and Rs. 1812.20 respectively. The current market cap of the company is Rs. 34698.87 crore.

The promoters holding in the company stood at 55.86%, while Institutions and Non-Institutions held 20.70% and 23.45% respectively.

Dalmia Bharat’s subsidiary -- Dalmia Cement (Bharat) has bagged coal mine in Madhya Pradesh on the first day of the latest round of commercial coal mine auction held on February 29, 2023. Other successful bidders are as Shree Cement made the highest bid for a coal mine in Chhattisgarh, Rungta Sons emerged as highest bidder for a coal mine in Odisha, Samlok Industries made the highest bid for a mine in Maharashtra. Orissa Metallurgical Industry submitted the closing bid for a mine in West Bengal and Rama Cement Industries bagged a coal mine in Madhya Pradesh.

MH Natural Resources emerged as the highest bidder for a coal block in Maharashtra and RCR Steel Works made the highest bid for a mine in Jharkhand. CG Natural Resources bagged coal block in Chhattisgarh. The auction of a coal block in Jharkhand was underway. The government had launched the auctions of coal mines for commercial mining under the sixth round and second attempt of fifth round on November 3, 2022. Forward auctions for theses mines have been started on February 27, 2023 and on the 1st day of the e-auction, 10 coal mines were put up for auction. Six coal mines are fully explored blocks and four coal mines are partially explored blocks.

The total geological reserves for these 10 coal mines are 1,866 million tonnes. The cumulative peak rated capacity for these coal mines is 7.9 million tonnes per annum (MTPA) (excluding partially explored coal mines). These coal mines upon operationalisation will generate annual revenue of Rs 990 crore calculated. These mines will attract capital investment of Rs 1,185 crore and provide employment to 10,681 people.

Dalmia Bharat has emerged as one of the most respected cement manufacturers in India, contributing to nation-building through adequate capacity creation, consistently high quality standards and value-added products.

Dalmia Bharat Share Price

1987.95 15.40 (0.78%)
20-Apr-2026 15:04 View Price Chart
Peers
Company Name CMP
Ultratech Cement 11914.90
Ambuja Cement 457.10
ACC 1431.00
Shree Cement 25435.05
Dalmia Bharat 1987.95
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×