DCB Bank Ltd.

NSE: DCBBANK | BSE: 532772 | ISIN: INE503A01015 | Industry: Banks
| Risky Value
168.5200 0.50 (0.30%)
NSE Dec 19, 2025 15:31 PM
Volume: 579.6K
 

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DCB Bank Ltd.
18 Jan 2018
168.52
0.30%

DCB Bank

Centrum Broking
We upgrade DCB Bank (DCBB) to BUY (Hold earlier) with TP at Rs215. Q3'18 results were in-line with our estimates on both revenue / earnings front. Loan growth has gathered pace (7% QoQ / 28% YoY) - an outcome of a) improvement in core SME, retail segment and b) better branch productivity. Acceleration therein will aid in curtailing overall cost/income ratio lower. While Q3'18 slippages were a tad higher (2.2% of loans), we expect normalisation therein; trend in recovery / upgrade remains solid and is an added comfort. We expect return ratios - RoA / RoE to inch towards...
DCB Bank Ltd. is trading below its 30 day SMA of 176.2
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