DCB Bank shares rose 16% in early deals on Monday after the private sector lender reported its Q2 earnings. The stock approached its 52-week high of Rs 150.70 reached on June 10, 2025. The banking stock scaled a high of Rs 148.90 in the current session. Market cap of the bank stood at Rs 4650.14 crore. Advertisement
However, the banking stock is still down 38% from its all-time high of Rs 244.65.
Brokerage SMIFS is bullish on the stock.
"We believe DCB remains well-placed to achieve its 1 per cent ROA / 14 per cent ROE guidance by FY27, driven by solid loan growth, NIM expansion, fee traction, productivity benefits, and continued benign asset quality. Valuation remains attractive, with the stock trading at ~0.6x FY27E P/B. Maintain BUY," it said.
MOFSL reiterated its BUY stance on th