Dalmia Cement (Bharat) rose 3.26% to Rs 298 at 11:43 IST on BSE after the firm reported 13.3% rise in net profit to Rs 70 crore on a 39.1% increase in sales to Rs 414.53 crore in Q4 March 2008 over Q4 March 2007.
The stock hit a high of Rs 300.05 and a low of Rs 292 so far during the day. The stock had a 52-week high of Rs 620 on
The mid-cap cement maker has an equity capital of Rs 16.17 crore. Face value per share is Rs 2.
The current price of Rs 298 discounts its Q4 March 2008 annualised EPS of Rs 34.63, by a PE multiple of 8.60.
Dalmia Cement (Bharat) has a cement plant in Tamil Nadu. Dalmia Cement is known for the manufacture of special cements which find applications in strengthening airstrips, concretising railway sleepers and cementing oil wells.
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