Meanwhile, the BSE Sensex was down 39.91 points or 0.23% to 17,090.76.

On BSE, 2.87 lakh shares were traded in the counter as against average daily volume of 7.86 lakh shares over the past one quarter.

The stock hit a high of Rs 45.20 and a low of Rs 43.75 so far during the day. The stock had hit a 52-week high of Rs 66 on 14 July 2011. The stock had hit a 52-week low of Rs 30.80 on 29 December 2011.

The stock had outperformed the market over the past one month till 26 April 2012, rising 1.74% compared with the Sensex's 0.46% gain. The scrip had also outperformed the market in past one quarter, gaining 1.86% as against Sensex's 0.31% gain.

The private sector bank has an equity capital of Rs 240.67 crore. Face value per share is Rs 10.

The Development Credit Bank (DCB) stock had tumbled 12.41% in eight trading sessions to settle at Rs 43.75 on Thursday, 26 April 2012, from a recent high of Rs 49.95 on 16 April 2012.

DCB's net profit rose 52.2% to Rs 17.28 crore on 25.8% growth in total income to Rs 223.23 crore in Q4 March 2012 over Q4 March 2011. The net profit jumped 157% to Rs 55.08 crore on 26.4% growth in total income to Rs 819.70 crore for the year ended 31 March 2012 over the year ended 31 March 2011.

Development Credit Bank (DCB) is new generation private sector bank with 84 branches across 12 states and 2 Union territories.