|
15 Sep 2025 |
DCB Bank
|
Consensus Share Price Target
|
127.06 |
169.44 |
- |
33.35 |
buy
|
|
|
|
|
07 Nov 2022
|
DCB Bank
|
ICICI Securities Limited
|
127.06
|
145.00
|
119.80
(6.06%)
|
|
Buy
|
|
|
DCB Bank’s (DCB) Q2FY23 financial performance has been characterised by improvement in core operating performance as reflected in its strong 10% QoQ NII growth, 19% QoQ growth in core fee income, steady decline in NPL ratio and improved visibility in credit growth acceleration in coming quarters.
|
|
06 Nov 2022
|
DCB Bank
|
Motilal Oswal
|
127.06
|
115.00
|
118.50
(7.22%)
|
Target met |
Neutral
|
|
|
|
|
13 Sep 2022
|
DCB Bank
|
ICICI Securities Limited
|
127.06
|
145.00
|
104.60
(21.47%)
|
|
Buy
|
|
|
DCB Bank’s (DCB) credit growth trajectory was impacted sharply during the past three years due to corporate book consolidation in FY19 and pandemic between FY20-FY22.
|
|
01 Aug 2022
|
DCB Bank
|
IDBI Capital
|
127.06
|
110.00
|
84.75
(49.92%)
|
Target met |
Buy
|
|
|
|
|
31 Jul 2022
|
DCB Bank
|
Motilal Oswal
|
127.06
|
90.00
|
85.40
(48.78%)
|
Target met |
Neutral
|
|
|
|
|
31 Jul 2022
|
DCB Bank
|
Prabhudas Lilladhar
|
127.06
|
120.00
|
85.40
(48.78%)
|
Target met |
Buy
|
|
|
|
|
21 Jun 2022
|
DCB Bank
|
Axis Direct
|
127.06
|
115.00
|
76.20
(66.75%)
|
Target met |
Buy
|
|
|
We retain our estimates and maintain our BUY recommendation on the stock with a target price of Rs 115/share, implying an upside of 54% from the CMP.
|
|
12 May 2022
|
DCB Bank
|
Anand Rathi
|
127.06
|
110.00
|
83.95
(51.35%)
|
Target met |
Buy
|
|
|
|
|
09 May 2022
|
DCB Bank
|
Axis Direct
|
127.06
|
115.00
|
80.90
(57.06%)
|
Target met |
Buy
|
|
|
We believe the stock trades at attractive valuations (0.5x FY24E ABV) and the improving operating performance and asset quality are key triggers for re-rating the stock. We maintain our BUY rating with a target price of Rs 115/share (0.8x FY24E ABV), implying an upside of 47% from CMP.
|
|
08 May 2022
|
DCB Bank
|
Motilal Oswal
|
127.06
|
90.00
|
80.90
(57.06%)
|
Target met |
Neutral
|
|
|
|