Sell DCB Bank, target Rs 150: Kunal Bothra
ETMarkets.com|
Mar 07, 2018, 12.03 PM IST
Independent analyst Kunal Bothra has a sell call on DCB Bank with a target price of Rs 150.
The current market price of DCB Bank is Rs 156.10.
Time period given by the analyst is 'Intra Day' when DCB Bank price can reach defined target.
Kunal Bothra recommended to keep a stop loss at Rs 160.
DCB Bank, incorporated in the year 1995, is a banking company (having a market cap of Rs 4,960.38 Crore).
DCB Bank key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 1,647.95 Crore to Sales Value (79.37 per cent of Total Sales), Income From Investment which contributed Rs 393.52 Crore to Sales Value (18.95 per cent of Total Sales), Interest which contributed Rs 28.90 Crore to Sales Value (1.39 per cent of Total Sales) and Interest On Balances with RBI and Other Inter-Bank Funds which contributed Rs 5.78 Crore to Sales Value (0.27 per cent of Total Sales)for the year ending 31-Mar-2017.
The current market price of DCB Bank is Rs 156.10.
Time period given by the analyst is 'Intra Day' when DCB Bank price can reach defined target.
Kunal Bothra recommended to keep a stop loss at Rs 160.
DCB Bank, incorporated in the year 1995, is a banking company (having a market cap of Rs 4,960.38 Crore).
DCB Bank key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 1,647.95 Crore to Sales Value (79.37 per cent of Total Sales), Income From Investment which contributed Rs 393.52 Crore to Sales Value (18.95 per cent of Total Sales), Interest which contributed Rs 28.90 Crore to Sales Value (1.39 per cent of Total Sales) and Interest On Balances with RBI and Other Inter-Bank Funds which contributed Rs 5.78 Crore to Sales Value (0.27 per cent of Total Sales)for the year ending 31-Mar-2017.
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