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DCB Bank Ltd soars 3.31%, rises for third straight session

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Capital Market

DCB Bank Ltd is quoting at Rs 209, up 3.31% on the day as on 12:54 IST on the NSE. The stock is up 6.39% in last one year as compared to a 10.03% gain in NIFTY and a 19.79% gain in the Nifty Private Bank index.

DCB Bank Ltd rose for a third straight session today. The stock is quoting at Rs 209, up 3.31% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 0.91% on the day, quoting at 11646.25. The Sensex is at 38819.04, down 0.82%. DCB Bank Ltd has added around 6.36% in last one month.

 

Meanwhile, Nifty Private Bank index of which DCB Bank Ltd is a constituent, has added around 2.07% in last one month and is currently quoting at 17230.9, down 1.29% on the day. The volume in the stock stood at 76.89 lakh shares today, compared to the daily average of 19.35 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 208.95, up 3.08% on the day. DCB Bank Ltd is up 6.39% in last one year as compared to a 10.03% gain in NIFTY and a 19.79% gain in the Nifty Private Bank index.

The PE of the stock is 21.38 based on TTM earnings ending December 18.

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First Published: Apr 22 2019 | 1:05 PM IST

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