Posted On: August 29, 2023

Stock Report: DALBHARAT (NSE) 28 Aug 2023

Outlook: BULLISH

Sector: Basic Materials 

Industry: Building Materials

Dalmia Bharat Ltd is an India based company involved in Cement manufacturing. Its operating segments include Cement, which produces various grades of cement and its related products. 

#xCalData predicts that # DALBHARAT will continue its bullish phase over the next five days and trend within the range of 1998 to 2118.

In comparison to the previous month, the price of the stock has experienced an increase of 3.89% indicating a bullish.

The Stock has doubled once since 19 Sep 2019 and took an average of 1.5 years to double.    

The stock has not shown seasonality trend in the past. 

Reviewing the returns for the past 4 years for the same week, we see the stock has given negative returns in 2 years in the past. 

Majority of the technical ratios trend towards Bullish side of the spectrum. Only some of the technical indicators namely Coppock Curve indicate Bearish view. 

Collectively, xCalData suggests the stock would be in Bullish zone for next 5 days.

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