Private banks beat market post Q3 results, gain up to 32%

RBL Bank, DCB Bank, IndusInd Bank and Lakshmi Vilas rallied between 15% and 32% post Q3 results.

Private banks (PBs) have beat the markets by gaining up to 32% post their October-December (Q3) earnings. RBL Bank, DCB Bank, IndusInd Bank and Lakshmi Vilas Bank have rallied between 15% and 32% after reporting their Q3 results. In comparison, the S&P BSE Sensex was up in the range of 6% to 8% during the period.

HDFC Bank, Jammu & Kashmir Bank, Dhanlaxmi Bank, Axis Bank, Karnataka Bank, YES Bank, Federal Bank and ICICI Bank too outperformed the market by gaining in the range of 5% to 9%.

Of these, HDFC Bank, YES Bank, IndusInd Bank, RBL Bank, DCB