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Dalmia Bharat shares hit 52-week low after Q2 results - Should investors buy, sell, or hold the stock? Experts take

Dalmia Bharat moved lower in a quarterly results development.

· LiveMint Markets

Dalmia Bharat shares fell 7.4% to a 52-week low after the cement maker reported September-quarter revenue growth of 4% but a ₹205 crore loss. EBITDA fell 29% year on year, while brokerages lowered price targets, citing cost pressures, demand concerns and risks to volume growth.

Dalmia Bharat reported ₹205 crore, with movement of 4%, 29% and 7.4% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.

Against that, the stock is -4.2% on the day at ₹1,525.30, and has returned -10.2% over three months. It sits 32% below its 52-week high, which means a good deal of bad news was already in the price. The cement & construction sector has moved -13.7% over the same period, so Dalmia Bharat is running 3.5 points ahead of its peers.

For Dalmia Bharat, the question is how much of this is already reflected in the price and how much re-rates the cement & construction peer set alongside it.

  • Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
  • In focus: Dalmia Bharat (DALBHARAT), in Cement & Construction.
  • Over three months: Dalmia Bharat -10.2% against Cement & Construction -13.7% (3.5 points ahead).
  • At least 25% below the 52-week high: Dalmia Bharat (32%).
  • Trading well above normal today: Dalmia Bharat at 6.7 times its 20-day average volume.
Figures for the companies in this story
CompanyPriceDay1M3MFrom 52-wk highVolume vs 20-dayMarket cap
Dalmia BharatDALBHARAT · Cement & Construction₹1,525.30-4.2%-4.4%-10.2%-31.7%6.7×—

Cement & Construction

1M -4.7% · 3M -13.7%

Dalmia Bharat

Prices as of 27 Oct 2026, 13:41 IST. Sector moves are the average of the stocks we track in each sector.

DALBHARATCement & Construction