DCB Bank continues its dream bull-run in this calendar year.
The stock today registered a fresh six-year high at Rs. 123.75, and is now up 3.5 per cent at the day's high.
The stock has zoomed by 144 per cent or grown almost 1.5 times in value since the start of the calendar year 2014.
This quarter itself the stock has galloped over 46 per cent.
So far today, the counter has seen heavy volume of around 547,000 shares as against the two-week daily average volume of around 421,000 shares on the BSE.
The stock has been in focus, as the bank is a small-cap bank and may be targeted for takeover by one of the larger banks as the banking sector undergoes major reforms in the future.
Meanwhile, the Sensex is down 33 points at 27,473.
The stock today registered a fresh six-year high at Rs. 123.75, and is now up 3.5 per cent at the day's high.
The stock has zoomed by 144 per cent or grown almost 1.5 times in value since the start of the calendar year 2014.
This quarter itself the stock has galloped over 46 per cent.
So far today, the counter has seen heavy volume of around 547,000 shares as against the two-week daily average volume of around 421,000 shares on the BSE.
The stock has been in focus, as the bank is a small-cap bank and may be targeted for takeover by one of the larger banks as the banking sector undergoes major reforms in the future.
Meanwhile, the Sensex is down 33 points at 27,473.
No comments:
Post a Comment