DCB Bank Ltd
DCBBANK

171.15

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

170.85

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

170.75

Open ()
Open Interest
(Contracts)
VWAP ()
Day's Vol
(shares)
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Accumulate
Reco. Price
Rs 163.00
We recommend Accumulate on account of expansion strategy and weakening return metrics. This is due to business expansion steps and exposure to SME/MSME loans. The stock trades at 2x FY17E P/B (Target:Rs.176)
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50 DMA (.)
141.91
100 DMA (.)
126.45
200 DMA (.)
119.58
Weekly Range (.)
161.35
170.70
Monthly Range (.)
150.60
170.70
52 Weeks Range (.)
71.50
170.70
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