Buy DCB Bank, target price Rs 160: Axis Securities
Axis Securities has a buy call on DCB Bank with a target price of Rs 160. The current market price of DCB Bank Ltd. is Rs 139.6. DCB Bank, incorporated in 1995, has a market cap of Rs 4395.31 crore.
DCB Bank’s key products/revenue segments include Interest & Discount on Advances & Bills, Income From Investment, Interest and Interest On Balances with RBI and Other Inter-Bank Funds for the year ending 31-Mar-2024.
Financials
The Bank has reported Standalone Non Performing Assets (Gross NPAs) at .00 % of total assets and Standalone Net Non Performing Assets (Net NPAs) at .00% of total assets for the quarter ending #LatestQuarterDate. For the quarter ended 31-03-2025, the company has reported a Standalone Total Income of Rs 1960.71…
