DCB Bank Stock Recommendation by Epic Research - Target 225 SL 150
While Banking Sector in India has underperformed over last few quarters, DCB Bank has witnessed strength and investor support at lower levels. The bank has performed well over long term and can be considered as a good investment in medium to long term horizon.
DCB Bank an outperformer from the Small-cap space that has seen very consistent growth in the last few years in the private banking space. Recent numbers further validate as the PAT came much higher at 91 CR while operating profit has seen growth in double digits.
A recent correction in prices is seen due to flat NIM but we believe the stock has continued to provide stellar growth and will continue to do so in next few years. It is buying for the target of 225.
DCB Bank Stock Recommendation by Epic Research - Target 225 SL 150.