DCB Bank Ltd
DCBBANK

121.05

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

121.10

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

126.85

Open ()
Open Interest
(Contracts)
VWAP ()
Day's Vol
(shares)
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Reduce
Reco. Price
Rs 111.00

Last updated on 03-Jan-2017

We recommend reduce 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 1.7x FY17E P/B compared to 1.64x FY17E P/B for peer banks. (Target:Rs.102)
Detailed View
50 DMA (.)
110.71
100 DMA (.)
117.10
200 DMA (.)
106.74
Weekly Range (.)
113.00
127.50
Monthly Range (.)
102.55
127.50
52 Weeks Range (.)
68.40
132.90
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