DCB Bank Limited (DCB) shares have risen by 35% over the past 12 months. The share price of DCB had risen from around Rs. 103 per share on 6th April 2022.
DCB Bank is a private sector bank in India that provides a range of banking products and services to individuals and businesses. The bank has a strong presence in the small and medium-sized enterprise (SME) sector and has been expanding its digital banking offerings to reach more customers.
DCB Bank seems to be well poised to grow in the banking and finance industry. That said, the outlook for DCB Bank can be affected by a range of factors such as inflation, regulatory changes, and competition. Therefore, it's necessary to conduct thorough research and have discussions with a finance professional before making any investment decisions.
As of 6 April 2023, the trending volume of DCB Bank on BSE was 77,784.
The DCB Bank’s Profit After Tax (PAT) for December 2022 i.e. Q3 FY 2023 was at INR 114 Cr. In comparison Profit After Tax for Q3 FY 2022 was at INR 75 Cr.,a growth of 51%.
As of December 2022, the majority shareholder of DCB Bank, a scheduled commercial bank in India, was Aga Khan Fund for Economic Development (AKFED), which holds 14% stake in the bank. Other significant shareholders included mutual fund houses and FIIs.
DCB bank has not issued any bonus shares to date since its listing.
Investors may invest in shares at any time, based on their financial goals and objectives. All investors need to do to buy shares is to begin an account with a broker like Motilal Oswal and start a demat and trading account. After this, the transacting of shares becomes easy on stock exchanges.