DCB Bank: Growth Pick-Up and Asset Quality Trends Encouraging
We believe the stock trades at attractive valuations (0.5x FY24E ABV) and the improving operating performance and asset quality are key triggers...
217 Views
DCB Bank- 4QFY22 Result Update- Earnings beat led by margin expansion and lower provisions
Earnings beat led by margin expansion and lower provisions. DCB Bank 4QFY22 net profit increased by 45.6% YoY, primarily led by 47bps YoY margin...
166 Views
Banking & Financials Sector: Credit Growth Picking Up; Lower Provisions to Drive Earnings
Credit growth picking up; lower provisions to drive earnings We expect strong earnings performance from banks in 4QFY22, driven by: (1) improving...
254 Views
DCB Bank: Muted Quarter, Near Normalization Expected FY23E Onwards!
We maintain our BUY rating with a revised target price of Rs 115/share (0.8x FY24E ABV), implying an upside of 32% from CMP.
362 Views
DCB Bank: Valuations Attractive!
We initiate coverage on DCB Bank (DCB) with a BUY recommendation and a Target Price of Rs 115/share implying an upside of 24% from CMP.
266 Views