Sell DCB Bank; target of Rs 51: Emkay Global Financial Emkay Global Financial is bearish on DCB Bank has recommended sell rating on the stock with a target price of Rs 51 in its research report dated May 23, 2020.
DCB Bank Q1 Net Profit may dip 10.5% YoY to Rs. 70 cr: HDFC Securities Net Interest Income (NII) is expected to increase by 4.5 percent Y-o-Y (down 1.6 percent Q-o-Q) to Rs. 320 crore, according to HDFC Securities.
Rakesh Jhunjhunwala, Radhakishan Damani increase stake in some mid, smallcaps; should you follow? Experts point out that select mid and small-caps do look good for medium to long-term perspective but this cannot be generalised and said for the entire mid and small-cap space.
DCB Bank plans to raise up to Rs 1,000 cr via equity, debt instruments The bank plans to raise up to Rs 500 crore by issue of equity shares to qualified institutional buyers through qualified institutional placement, and an equal amount is slated to be raised by issuing bonds, debentures or securities on a private placement basis, DCB Bank said in the annual report 2019-20.
Neutral on DCB Bank, target price Rs 85: Motilal Oswal The brokerage remains watchful of asset quality as the bank has a high proportion of the book under moratorium and borrowers would require more time to recuperate from the Covid-19 crisis.