Meanwhile, the BSE Sensex was up 41.23 points, or 0.24%, at 16948.34.

On BSE, 3912 shares were traded in the counter. The scrip had an average daily volume of 6827 shares in the past one quarter.

The stock hit a high of Rs 300.05 and a low of Rs 292 so far during the day. The stock had a 52-week high of Rs 620 on 19 December 2007 and a 52-week low of Rs 260 on 12 May 2008.

The scrip had underperformed the market over the past one month till 21 May 2008, falling 3.14% compared to the Sensex’s 2.74% gain. It had also underperformed the market in the past one quarter, falling 27.54% compared to Sensex’s 2.77% fall.

The mid-cap cement maker has an equity capital of Rs 16.17 crore. Face value per share is Rs 2.

The current price of Rs 298 discounts its Q4 March 2008 annualised EPS of Rs 34.63, by a PE multiple of 8.60.

Dalmia Cement (Bharat) has a cement plant in Tamil Nadu. Dalmia Cement is known for the manufacture of special cements which find applications in strengthening airstrips, concretising railway sleepers and cementing oil wells.