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DCB Bank surges as its deposit rises 2% in Q4FY20

15 Apr 2020 Evaluate
DCB Bank is currently trading at Rs. 87.00, up by 4.30 points or 5.20% from its previous closing of Rs. 82.70 on the BSE.

The scrip opened at Rs. 87.00 and has touched a high and low of Rs. 87.45 and Rs. 84.00 respectively. So far 11713 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 244.60 on 25-Jun-2019 and a 52 week low of Rs. 73.25 on 25-Mar-2020.

Last one week high and low of the scrip stood at Rs. 87.45 and Rs. 79.75 respectively. The current market cap of the company is Rs. 2697.51 crore.

The promoters holding in the company stood at 14.89%, while Institutions and Non-Institutions held 57.40% and 27.70% respectively.

DCB Bank has reported a marginal rise of 2.14% in its deposits at Rs 30,373 crore during Q4FY20 as compared to Rs 29,735 crore in Q3FY20. During the quarter, gross advances of the bank declined to Rs 25,677 crore from Rs 25,735 crore in Q3FY20.

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.

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Company Name CMP
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