Monday 18 April 2016

DCB Bank surges 5%; Q4 net profit at Rs.69.5 crore

The bank's total income has increased from Rs. 425.1 crore for the quarter ended March 31, 2015 to Rs. 509.5 crore for the quarter ended March 31, 2016. 

DCB Bank Ltd was higher by 5% at Rs. 87. The bank reported net profit of Rs.69.5 crore for the quarter ended March 31, 2016, 

registering growth of 10.4%. The bank's total income has increased from Rs. 425.1 crore for the quarter ended March 31, 2015 to Rs. 509.5 crore for the quarter ended March 31, 2016.

The bank’s standalone NII stood at Rs. 168.69 crore, up 30.09% yoy and 5.13% qoq. It's Net Interest Income (NII) for the quarter stood at Rs. 168.69 crore, clocking growth of 30.09% yoy and 5.13% qoq.


The scrip opened at Rs. 89.35 and has touched a high and low of Rs. 90.6 and Rs. 87.6 respectively. So far 1764193(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 2370.3 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 150.9 on 14-Jul-2015 and a 52 week low of Rs. 68.5 on 21-Jan-2016. Last one week high and low of the scrip stood at Rs. 85.5 and Rs. 81.55 respectively.

The promoters holding in the company stood at 16.27 % while Institutions and Non-Institutions held 35.56 % and 48.17 % respectively.

The stock is currently trading above its 200 DMA.

No comments:

Post a Comment