
Revenue for the March quarter came in at Rs 2,876.7 crore, up 19.9% from Rs 2,399.3 crore a year ago. Operating performance was equally robust, with EBITDA rising 52.8% to Rs 405.3 crore, compared to Rs 265.3 crore in the year-ago period.
The company’s EBITDA margin improved significantly to 14.1% from 11.1% last year, reflecting better realisations and operational efficiencies.
The board has recommended a final dividend of Rs 3.40 per share for FY25.
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DCM Shriram: Technical indicators
Technically, the stock's Relative Strength Index (RSI) stands at 45.8. According to Trendlyne, an RSI below 30 indicates oversold conditions, while a reading above 70 suggests the stock is overbought. Additionally, the MACD is at -3.5, below both its signal and center lines—considered a strong bearish signal.
The stock is currently trading below its 10-day, 20-day, 30-day, 50-day, 100-day, 150-day, and 200-day simple moving averages (SMAs).
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DCM Shriram: Share price performance
On Monday, DCM Shriram shares closed 3.7% higher at Rs 1,018.2 on the BSE, while the benchmark Sensex rose 0.37%. The stock is down 9% year-to-date but has gained 25% over the past two years. Its current market capitalisation stands at Rs 15,878 crore.
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(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
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(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)
Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price