New Delhi, April 2 -- Dalmia Bharat Ltd is in a tight spot, thanks to the steep correction in cement prices lately in eastern and southern regions. While prices have dropped across markets, the excess capacity in these two regions has meant a sharper drop vis-a-vis all-India average.

Given Dalmia's significant exposure in these regions, muted price trends have raised concerns about its realisation and profitability outlook. This has resulted in earnings downgrades.

Motilal Oswal Financial Services has trimmed the company's Ebitda estimates for FY24, FY25 and FY26 by 4%, 8% and 8%, respectively due to weak pricing.

Interestingly, the subdued price trajectory has overshadowed a slew of positives that may aid Dalmia's long-term growth. Fo...