Home / HEADLINES / INDIA / DCB Bank gains on aiming to double size of balance sheet in next 3-4 years

DCB Bank gains on aiming to double size of balance sheet in next 3-4 years

DCB Bank is currently trading at Rs. 212.40, up by 0.75 points or 0.35% from its previous closing of Rs. 211.65 on the BSE.

The scrip opened at Rs. 211.45 and has touched a high and low of Rs. 213.00 and Rs. 211.45 respectively. So far 2190 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 219.60 on 07-May-2019 and a 52 week low of Rs. 139.50 on 01-Oct-2018.

Last one week high and low of the scrip stood at Rs. 219.60 and Rs. 210.55 respectively. The current market cap of the company is Rs. 6552.18 crore.

The promoters holding in the company stood at 14.93%, while Institutions and Non-Institutions held 51.08% and 34.00% respectively.

DCB Bank is aiming to double the size of its balance sheet in the next three-four years. The branch expansion of the Bank has been completed and they have started to give results. Besides, the Bank is focusing on SME, agri, retail, commercial vehicles and small-ticket loans.

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.

Please share this news