dcb bank share price: Buy DCB Bank, target Rs 248: Kunal Bothra - The TheIndianSubcontinentNever miss a great news story!Get instant notifications from TheIndianSubcontinentAllowNot nowYou can switch off notifications anytime using browser settings.Stock Analysis, IPO, Mutual Funds, Bonds - More Buy DCB Bank Ltd.
at a price target of Rs 248.0 and a stoploss at Rs 232 from entry point.
ETMarkets.com|Jul 12, 2019, 08.33 AM ISTIndependent analyst Kunal Bothra has a buy call on DCB Bank Ltd.
with a target price of Rs 248.
The current market price of DCB Bank Ltd.
is Rs 238.55.
Time period given by the analyst is Intra Day when DCB Bank Ltd.
price can reach the defined target.
Kunal Bothra recommended to keep stoploss at Rs 232.
DCB Bank Ltd., incorporated in 1995, has a market cap of Rs 7390.18 crore.
DCB Bank Ltd.
key Products/Revenue Segments include Interest - Discount on Advances - Bills which contributed Rs 2447.86 Crore to Sales Value (80.48 % of Total Sales), Income From Investment which contributed Rs 535.43 Crore to Sales Value (17.60 % of Total Sales), Interest On Balances with RBI and Other Inter-Bank Funds which contributed Rs 30.67 Crore to Sales Value (1.00 % of Total Sales) and Interest which contributed Rs 27.53 Crore to Sales Value (0.90 % of Total Sales)for the year ending 31-Mar-2019.
The Bank has reported a Gross Non Performing Assets (Gross NPAs) of Rs 439.48 Crore (1.84 % of total assets) and Net Non Performing Assets (Net NPAs) of Rs 153.77 Crore (.65% of total assets).
For the quarter ended 31-03-2019, the company has reported a Standalone Interest Income of Rs 661.31 Crore, up 5.25 % from last quarter Interest Income of Rs 628.35 Crore and up 26.00 % from last year same quarter Interest Income of Rs 524.86 Crore.
The bank has reported net profit after tax of Rs 96.33 Crore in latest quarter.
Read this article in :HindiBuy DLF, target Rs 200: Kunal BothraBuy Vedanta, target Rs 189: Kunal BothraBuy NTPC, target Rs 142: Kunal BothraBuy Raymond, target Rs 890: Kunal BothraBuy Raymond, target Rs 850: Kunal BothraCommenting feature is disabled in your country/region.Disclaimer: This recommendation is analyst's own and does not represent those of economictimes.com - ETMarkets.com.
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