DCB Bank's Stock Price Declines by -7.82% on March 13, 2024, According to MarketsMOJO.
DCB Bank, a smallcap private bank, saw a -7.82% decline in its stock price on March 13, 2024. According to MarketsMojo, the current stock call for DCB Bank is 'Hold'. The bank's performance today underperformed the sector by -7.01%. Despite recent decline, DCB Bank remains a strong player in the private banking industry.
DCB Bank ., a smallcap private bank, has seen a decline in its stock price by -7.82% on March 13, 2024. According to MarketsMOJO, a leading stock market analysis platform, the current stock call for DCB Bank is 'Hold'. The bank's performance today has underperformed the sector by -7.01%.
In the past three days, DCB Bank's stock has been on a downward trend, with a fall of -9.56% in returns. The stock also touched an intraday low of Rs 115.35, showing a high volatility of 5.18%. This volatility is calculated from the weighted average price.
DCB Bank's current stock price is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a bearish trend in the stock's performance.
Comparing DCB Bank's performance to the overall market, the bank's 1-day performance is -7.78% while the Sensex's performance is -1.45%. In the past month, DCB Bank's performance has been -9.41% while the Sensex's performance has been 1.46%.
Despite the recent decline in stock price, DCB Bank remains a strong player in the private banking industry. Investors are advised to hold their positions and monitor the bank's performance closely. This news article is for informational purposes only and does not recommend any action or provide any expert opinions.
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