21 Sep 2026, 16:19 IST
Dalmia Bharat Limited
HDFC Securities
The note states Dalmia Bharat, alongside Star Cement, is an incumbent leader in the northeast generating ~INR 1,500-2,000/MT EBITDA and will benefit from limited competition until late FY29.
From Star Cement Update Sep26 HSIE, written by HDFC Securities. Orivam summarised it; the view is HDFC Securities's, not Orivam's.
Open the original PDF →Research PDFs are often removed by the firms that publish them. The summary above is kept so this page still means something if that happens.