** Shares of Dalmia Bharat DALB.NS rise as much as 4.8% to 1,980 rupees, highest level since October 4

** The cement maker on Wednesday reported 38.1% Y/Y rise in Q4 consol net profit

** Rev from ops fell 5% Y/Y, total expenses down nearly 9%

** Co adds, EBITDA grew by 21% YoY in Q4 due to co's various cost-cutting measures like increase in renewable energy (RE) capacity

** Jefferies ("buy", PT: 2,050 rupees) says co's share of RE increased to 39% in Q4 FY25 from 34% in Q4 FY24

** More than 1 mln shares change hands, 3.5x of 30-day avg

** Avg rating of 28 analysts equivalent of "hold", median PT is 1,925 rupees - data compiled by LSEG

** Stock last up 3.7%, taking YTD gains to 10.8%

(Reporting by Ashish Chandra in Bengaluru)

((ashish.chandra@thomsonreuters.com (+91 7982114624))