DCB Bank Ltd., incorporated in the year 1995, is a banking company (having a market cap of Rs 3193.86 Crore).
Financials
For the quarter ended 31-03-2021, the company reported a Standalone Total Income of Rs 971.16 Crore, down -5.15 % from last quarter Total Income of Rs 1023.86 Crore and down -4.02 % from last year same quarter Total Income of Rs 1011.79 Crore. The bank reported net profit after tax of Rs 77.91 Crore in latest quarter.
Investment Rationale
Among the oscillators the weekly 14 periods RSI has recently generated a buy signal moving above its nine periods average thus supports the positive bias
Promoter/FII Holdings
Promoters held 14.9 per cent stake in the company as of March 31, 2021, while FIIs held 13 per cent, DIIs 40.5 per cent and public and others 31.5 per cent.
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dcb bank share price: Buy DCB Bank, target price Rs 112: ICICI Direct
ICICI Direct has buy call on with a target price of Rs 112. The current market price of DCB Bank Ltd. is Rs 103.45.
