Development Credit Bank (DCB) is currently trading at Rs 43.60, up by 0.50 points or 1.16% from its previous closing of Rs 43.10 on the BSE.
The scrip opened at Rs 43.00 and has touched a high and low of Rs 45.45 and Rs 42.70 respectively. So far 1355013 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 52.80 on 13-Dec-2012 and a 52 week low of Rs 36.75 on 04-Jun-2012.
Last one week high and low of the scrip stood at Rs 43.35 and Rs 41.75 respectively. The current market cap of the company is Rs 1106.74 crore.
The promoters holding in the company stood at 18.47% while Institutions and Non-Institutions held 24.08% and 57.45% respectively.
Development Credit Bank has received an approval for issue of Subordinated Tier II Bonds up to an amount of Rs 200 crore to be raised during the financial year 2013-14 in one or more tranches, subject to securing appropriate regulatory and other approvals. The board at its meeting held on April 12, 2013 has approved for the same.
Development Credit Bank (DCB) incorporated in 1918; is one of the emerging private sector banks in India. The company has network of 80 branches and access to more than 18000 ATMs spread across Maharashtra, Gujarat, Andhra Pradesh, Karnataka, New Delhi, Goa, Tamil Nadu, Haryana, West Bengal, Rajasthan, Union Territories of Daman and Diu and Dadra and Nagar Haveli.
| Company Name | CMP |
|---|---|
| HDFC Bank | 784.50 |
| ICICI Bank | 1347.75 |
| Axis Bank | 1369.55 |
| Kotak Mahindra Bank | 370.40 |
| Indusind Bank | 860.45 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: