DCB Bank moves up on reporting 51% rise in Q3 net profit
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DCB Bank is currently trading at Rs. 113.95, up by 0.45 points or 0.40% from its previous closing of Rs. 113.50 on the BSE.
The scrip opened at Rs. 115.65 and has touched a high and low of Rs. 116.25 and Rs. 113.30 respectively. So far 46608 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 141.20 on 13-Dec-2022 and a 52 week low of Rs. 68.05 on 24-Feb-2022.
Last one week high and low of the scrip stood at Rs. 126.25 and Rs. 112.35 respectively. The current market cap of the company is Rs. 3565.80 crore.
The promoters holding in the company stood at 14.85%, while Institutions and Non-Institutions held 51.81% and 33.34% respectively.
DCB Bank has reported rise of 51.05% in its net profit at Rs 113.85 crore for Q3FY23 as compared to Rs 75.37 crore for the corresponding quarter previous year. Total income of the bank increased by 17.13% to Rs 1,167.15 crore for the quarter under review as compared to Rs 996.42 crore for the same quarter in the previous year.
DCB Bank is one of the emerging private sector banks in India. The Bank is amongst the first private sector banks to waive advisory fee and service charge for Mutual Fund investment.
