Why is DCB Bank falling/rising?
As of 13-Aug, DCB Bank Ltd. is facing a decline in its stock price, currently at Rs 122.35, down 2.5%. Despite strong fundamentals and a positive annual return, recent performance shows a significant drop of 13.90% over the past month, indicating bearish investor sentiment.
As of 13-Aug, DCB Bank Ltd. is experiencing a decline in its stock price, currently at Rs 122.35, which represents a decrease of 2.5 or 2.0%. Today's price summary indicates that the stock opened with a gain of 2.32% but subsequently touched an intraday low of Rs 121.8, reflecting a downward trend. The stock has underperformed its sector by 2.32%, and it is trading below all key moving averages, which suggests a bearish sentiment among investors. Despite a positive performance over the past year with a return of 4.57% and strong financial results, including a low Gross NPA ratio of 2.98% and a high NII of Rs 580.44 crore, the stock's recent performance has been overshadowed by a significant decline of 13.90% over the past month.In the broader market context, DCB Bank's short-term performance has been notably weaker than the benchmark Sensex, which has only declined by 0.01% over the past week. While the bank has shown strong fundamentals, including high institutional holdings and a favorable PEG ratio of 0.3, the recent price movements indicate a lack of investor confidence, as evidenced by the stock's significant drop in the last month compared to the benchmark's modest decline. This suggests that while the company has solid financials, external market factors and investor sentiment may be contributing to the current downward pressure on its stock price.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
