Buy DCB Bank, target Rs 215: Kunal Bothra
Independent analyst Kunal Bothra has a buy call on DCB Bank, with a target price of Rs 215. The current market price of DCB Bank Ltd. is Rs 194.9. The time period given by the analyst is Intra Day when DCB Bank Ltd. price can reach the defined target. Kunal Bothra recommended a stop loss at Rs 185.
DCB Bank Ltd., incorporated in the year 1995 has a market cap of Rs 6005.31 crore.
The Bank has reported a Gross Non Performing Assets (Gross NPAs) of Rs 369.03 crore (1.79 % of total assets) and Net Non Performing Assets (Net NPAs) of Rs 146.72 crore (0.72% of total assets). For the quarter ended 31-03-2018, the company has reported a Standalone Interest Income of Rs 524.86 crore, up 5.85 % from last quarter Interest Income of Rs 495.85 crore and up 21.54 % from last year same quarter Interest Income of Rs 431.84 crore. The bank has reported net profit after tax of Rs 64.21 crore in the latest quarter.
DCB Bank Ltd., incorporated in the year 1995 has a market cap of Rs 6005.31 crore.
The Bank has reported a Gross Non Performing Assets (Gross NPAs) of Rs 369.03 crore (1.79 % of total assets) and Net Non Performing Assets (Net NPAs) of Rs 146.72 crore (0.72% of total assets). For the quarter ended 31-03-2018, the company has reported a Standalone Interest Income of Rs 524.86 crore, up 5.85 % from last quarter Interest Income of Rs 495.85 crore and up 21.54 % from last year same quarter Interest Income of Rs 431.84 crore. The bank has reported net profit after tax of Rs 64.21 crore in the latest quarter.
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