People invest in stocks for several reasons, and may consider Dalmia Bharat for the following reasons:
Part of the Dalmia Bharat Group, the company was founded in 1939 by Jaidayal Dalmia. In the past sixteen years, the group’s total sales have grown at an impressive CAGR of 24%. The group employs nearly 8500 individuals.
You can purchase Dalmia Bharat stocks through an account with a broker like Motilal Oswal. You will need to open a demat account along with a trading account. The broker has access to the stock exchange from where stocks can be bought.
Stocks are purchased for various reasons according to the requirements and financial goals of investors. Before stocks are purchased, investors may evaluate stocks on several levels and then take appropriate decisions.
Dalmia Bharat Ltd is a cement manufacturing company with a positive rate of growth and profitability. The company is reputed in the industry. Based on knowledge about the company, investors may consider investment and the time to invest accordingly.
As on 6th April 2023, The ROE of Dalmia Bharat is 7.29%.
Whether or not a stock is suitable for long-term investment depends on the stock and the investor. An investor must research stocks to know their long-term potential and invest according to their unique financial goals. That said, Dalmia Bharat is a reliable company built on solid financial strength and has growth prospects.