Among stock preferences, UltraTech Cement remains its top pick in the large-cap segment for Motilal Oswal, while it maintains a positive view on JK Cement and Dalmia Bharat in the mid-cap space
At 10:57 AM, individually, among others, Dalmia Bharat Sugar and Industries shares were trading over 3 per cent higher
Analysts at Centrum Research estimated aggregate industry volumes rose about 13 per cent Y-o-Y and 12 per cent sequentially, aided by a rebound in non-trade demand
Leading cement makers reported strong double-digit year-on-year growth in sales volumes during the December 2025 quarter, even as their realisations came under pressure. The companies remain optimistic of further improvement in demand and prices in the coming months, aided by benign inflation, supportive tax rationalisation measures and healthy infrastructure-led growth. Industry leaders, including UltraTech, Ambuja Cements, Shree Cement, Dalmia Bharat, JK Lakshmi Cement and JSW Cement, saw higher capacity utilisation and expansion in volumes. However, overall profitability was impacted by rising input costs, provisions under new labour codes and elevated prices of pet coke and coal. Despite these challenges, toplines were supported by premiumisation, improved product mix and higher non-trade sales. Apart from grey cement, companies also reported robust growth in their Ready Mix Concrete (RMC) business, which registered high double-digit expansion. Leading cement maker UltraTech .
Dalmia Bharat's net profit for the quarter stood at ₹122 crore, compared with ₹61 crore in the corresponding period last year
Ajit Mishra of Religare Broking has recommended buying the shares of Dalmia Bharat, Jindal Steel, and LIC Housing Finance today
Kunal Kamble, senior technical research analyst at Bonanza, has recommended buying shares of Hindustan Zinc, Dalmia Bharat, and Gujarat Pipavav Port
New Year picks 2026: SBI, Varun Beverages, Astral, Nippon Life India Asset Management among top picks by Axis Securities amid market at "crucial inflection point"
Emkay Global retains Add on Dalmia Bharat with a ₹2,450 target, citing capacity expansion, cost savings and improving cement demand outlook from 2026
AB Capital is in overall uptrend and perfectly respecting 20 DEMA, while Federal Bank has given consolidation breakout on daily chart and formed a strong bullish candle
The brokerage remains positive on Dalmia Bharat's long-term growth prospects, backed by volume expansion, margin improvement and a disciplined balance sheet
Low base, premium mix and new capacity supported gains
The rally in sugar stocks comes after the government cleared the exports of 1.5 million tonnes of sugar for the 2025-26 sugar season