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DCB Bank Ltd Share Price (DCBBANK)

₹124.50.28%

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Overview
Fundamentals
Q1 '23 Results
Technicals
News and Events

Overview of DCB Bank Ltd

Key events for DCB Bank Ltd

  • HDFC AMC Gets Approval to Acquire Stake in DCB Bank - 26 Sep, 2023

    The Reserve Bank of India has allowed HDFC Asset Management Company to acquire up to 9.5% stake in DCB Bank, while the bank is offering an interest rate of 7.60%.

  • HDFC Asset Management Secures Approval to Raise Stake in DCB Bank - 22 Sep, 2023

    HDFC Asset Management has received RBI's approval to increase its stake in DCB Bank and four other private lenders.

  • HDFC AMC Gets Approval to Increase Stake in DCB Bank - 21 Sep, 2023

    The Reserve Bank of India has granted approval to HDFC Asset Management Company to acquire an aggregate holding of up to 9.5% of the paid-up share capital or voting rights of DCB Bank Limited. DCB Bank's Q1FY24 results showed a 31% rise in net profit.

  • DCB Bank Offers Highest Interest Rate on 3-Year FDs Among Private Banks - 19 Sep, 2023

    DCB Bank is offering a 7.60% interest rate on fixed deposits with three-year tenures, the highest among private banks. An investment of Rs 1 lakh will grow to Rs 1.25 lakh in three years.

  • Axis Securities Picks DCB Bank as 'Pick of the Week' - 08 Aug, 2023

    Brokerage house Axis Securities has selected DCB Bank as its 'pick of the week' due to robust credit and deposit growth outlook, improvement in asset quality, healthy return ratios, and attractive valuations. The brokerage has a ‘buy’ call on the stock with a target price of ₹131, indicating an upside of over 10 percent from its current market price of ₹118.

  • DCB Bank Reports 29.09% YoY Growth in Total Income - 07 Aug, 2023

    DCB Bank reported a standalone total income of Rs 1344.68 crore for Q1 FY24, up 3.31% QoQ and 29.09% YoY. The bank's net profit after tax was Rs 126.93 crore. Axis Securities has a buy call on DCB Bank with a target price of Rs 131.

  • Mutual Funds Reduce Stake in DCB Bank - 02 Aug, 2023

    During the quarter, mutual funds reduced their stake in DCB Bank along with other private banks like Axis Bank and HDFC Bank.

  • DCB Bank Posts Mixed Q1 Earnings - 01 Aug, 2023

    DCB Bank Ltd reports a 31% YoY growth in PAT for Q1 FY24, driven by lower provisions. However, NIMs moderated 35bp QoQ to 3.8%, and slippages increased to INR3.4b resulting in a slight increase in GNPA/NNPA ratio.

  • DCB Bank Reports Strong Earnings Growth in Q1FY24 - 31 Jul, 2023

    DCB Bank Ltd reported strong Q1FY24 earnings growth of 30% YoY, with operating profit up 25% YoY and net interest income increasing 26% YoY to Rs 471 crore. However, asset quality weakened as gross NPA rose to 3.26%.

  • DCB Bank Reports Strong Q1FY24 Results - 28 Jul, 2023

    DCB Bank Ltd reported a 31% YoY increase in net profit at Rs 127 crore for Q1FY24, with deposits increasing by 22.5% YoY.

  • DCB Bank Stock Surges on Positive Growth Trajectory Outlook - 10 Jul, 2023

    DCB Bank Ltd's stock has surged by over 50% following brokerage firm Axis Securities' positive outlook on the bank's growth trajectory and asset quality, valuing it at ₹150 per share with a 'buy' recommendation.

  • DCB Bank Stock Rises as TAML Gets Approval to Increase Stake - 06 Jul, 2023

    DCB Bank Ltd's stock rose almost 8% after RBI approved Tata Asset Management Company (AMC) to increase its stake in the bank up to 7.5%. The bank also reported strong Q1 results, beating expectations. Prabhudas Lilladher recommends buying and accumulating the stock.

  • DCB Bank Shares Recommended for Purchase by Prabhudas Lilladher - 04 Jul, 2023

    Prabhudas Lilladher recommends purchasing DCB Bank shares due to favorable technical indicators and recent positive performance.

Analyst Rating for DCB Bank Ltd stock

based on 15 analysts

BUY
73.33%
Buy
20.00%
Hold
6.67%
Sell

Based on 15 analysts offering long term price targets for DCB Bank Ltd. An average target of ₹144.93

Source: S&P Global Market Intelligence

DCB Bank Ltd share Performance

  • ₹123.5
    ₹125.3
    ₹124.5
    downward going graph

    0.80%

    Downside

    Day's Volatility:1.45%

    Upside

    0.64%

    downward going graph
  • ₹95.6
    ₹141.2
    ₹124.5
    downward going graph

    23.21%

    Downside

    52 Weeks Volatility:36.63%

    Upside

    13.41%

    downward going graph
1 Month Return7.26 %
3 Month Return6.29 %
1 Year Return18.24 %
Previous Close₹124.15
Open₹124.30
Volume6.83L
Market Cap₹3,872.47Cr

DCB Bank Ltd Company Information

DCB Bank Limited, formerly Development Credit Bank, is one of the new-generation private sector banks in India. Formerly a Credit Society in the 1930s, it has grown into a banking institution offering a variety of services, including Life Insurance, Health Insurance, General Insurance, Mutual Funds, Business Correspondent loans, Mobile Banking, Credit Cards, Trade Finance, NRI services, ATM services, and Mortgage and Micro Mortgage advances. The bank targets mainly small business owners, self-employed people, small traders, shopkeepers, MSMEs, and SMEs, and as of December 31, 2020, has a total distribution network of 347 branches and over 500 ATMs across 18 states and 2 union territories. It has also been awarded various awards, such as the Sustainable Environmental Initiatives for CSR projects award from Bombay Chamber of Commerce and Industry Mumbai, Best CSR Project at Asian Customer Engagement Forum, HR & CSR Forum Awards Mumbai, BFSI Digital Innovation Award 2020, and the Award for SME Finflex Banking System at Finnoviti 2020.

Share Price: ₹124.50 per share as on 27 Sep, 2023 04:01 PM
Market Capitalisation: ₹3,872.47Cr as of today
Listing date: 27 Oct, 2006
Chairperson Name: F N Subedar
OrganisationDCB Bank Ltd
HeadquartersMumbai
IndustryBanks
E-voting on sharesClick here to vote

Fundamentals of DCB Bank Ltd

Insights on DCB Bank Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up
    img

    Retail Investor have increased holdings from 32.93% to 33.10% in Jun 2023 quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year
    img

    In the last 1 year, DCBBANK has outperformed top 5 stocks with highest market-cap in Banks

  • imgPOSITIVE IMPACT

    FII Holding Up
    img

    Foreign Institutions have increased holdings from 12.27% to 12.30% in Jun 2023 quarter

  • imgPOSITIVE IMPACT

    Price Rise
    img

    In the last 3 years, DCBBANK stock has moved up by 51.6%

  • imgNO EFFECT

    Against Peers
    img

    In the last 3 years, State Bank of India has given 217.4% return, outperforming this stock by 165.9%

  • imgNEGATIVE IMPACT

    Promoter Holding Down
    img

    Promoters have decreased holdings from 14.83% to 14.82% in Jun 2023 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down
    img

    Mutual Funds have decreased holdings from 28.33% to 27.50% in Jun 2023 quarter

Mutual Fund Holdings

Funds Holdings
HDFC Small Cap Fund-Direct Growth OptionHDFC Small Cap Fund-Direct Growth Option0.72%
DSP Small Cap Fund Direct Plan GrowthDSP Small Cap Fund Direct Plan Growth1.27%
Tata Small Cap Fund Direct GrowthTata Small Cap Fund Direct Growth2.2%
Franklin India Smaller Companies Fund Direct GrowthFranklin India Smaller Companies Fund Direct Growth1.27%
Canara Robeco Small Cap Fund Direct GrowthCanara Robeco Small Cap Fund Direct Growth1.09%

DCB Bank Ltd Shareholding Pattern

InvestorsHoldings %Prev. 2 periods3M change
Promoter Holdings
14.82%
-0.07
Foreign Institutions
12.3%
0.21
Mutual Funds
27.5%
-2.93
Retail Investors
33.1%
0.52
Others
12.28%
5.55

Technicals of DCB Bank Ltd share

News & Events of DCB Bank Ltd

Frequently Asked Questions

DCB Bank Ltd (DCBBANK) share price today is ₹124.5

  • Today’s highest price of DCB Bank Ltd is ₹125.3.
  • Today’s lowest price of DCB Bank Ltd is ₹123.5.

Today’s traded volume of DCB Bank Ltd(DCBBANK) is 6.83L.

Today’s market capitalisation of DCB Bank Ltd(DCBBANK) is ₹3872.47Cr.

DCB Bank Ltd(DCBBANKPrice
52 Week High
₹141.2
52 Week Low
₹95.6

DCB Bank Ltd(DCBBANK) share price is ₹124.5. It is down -11.83% from its 52 Week High price of ₹141.2

DCB Bank Ltd(DCBBANK) share price is ₹124.5. It is up 30.23% from its 52 Week Low price of ₹95.6

DCB Bank Ltd(DCBBANKReturns
1 Day Returns
0.35%
1 Month Returns
7.26%
3 Month Returns
6.29%
1 Year Returns
18.24%