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DCB Bank tanks after poor Q2 result

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Capital Market

DCB Bank was locked in 20% lower circuit at Rs 106.80 at 15:05 IST on BSE after net profit fell 10.12% to Rs 36.93 crore on 25.02% growth in total income to Rs 464.87 crore in Q2 September 2015 over Q2 September 2014.

The Q2 result was announced after market hours yesterday, 13 October 2015.

Meanwhile, the S&P BSE Sensex was off 61.99 points or 0.23% at 26,784.54

On BSE, so far 37.05 lakh shares were traded in the counter as against average daily volume of 1.90 lakh shares in the past two weeks.

The stock hit a high of Rs 120 and a low of Rs 106.80 so far during the day. The stock hit a 52-week high of Rs 150.90 on 14 July 2015. The stock hit a 52-week low of Rs 81.35 on 16 October 2014.

 

DCB Bank is a modern emerging new generation private sector bank.

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First Published: Oct 14 2015 | 3:16 PM IST

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