1. DCB bank was created by merging two banks, Ismailia Co-operative Bank Limited and Masalawala Co-operative Bank. These two banks joined together to become Development Co-operative Bank.
2. Later, in May 1995, the Reserve Bank of India gave them a special license, and they changed their name to Development Credit Bank.
3. DCB Bank Ltd has 400 branches.
4. DCB Bank Ltd is currently traded at 114.80.
5. DCB Bank Ltd is a 10 rupee face value company.
5. DCB Bank Ltd (DCB) is a part of the Nifty Bank, DCB Bank Ltd traded at P/E ratio of 7.36 and the Nifty Bank traded at P/E of 14.72, So the Company's P/E is less than INDEX P/E, this is a sign of cheap valuation.
6. The year high of DCB Bank Ltd is 141.20 and the Year low is 96.55 So the year high/low ratio is stable below 2.
7. The net sale per share of DCB Bank Ltd is 134.84 so, in net sale per share term, this stock is a value buy, if you are not read my research terms earlier then read these research terms here:- Research Terms of Mahesh Kaushik
8. Do not underestimate the power of net sale per share watch this 1-minute short video to understand how net sale per share recommendations give multi-bagger returns in the long run:-https://www.youtube.com/shorts/qWbJZNlzLCM
9. Book value of DCB Bank Ltd is 136.86 and CMP is 114.80.
10. Base price ( 3 Years average price) of DCB Bank Ltd is 102.48 and DCB crosses this base price from 96 to 114.80, CMP is 10.50 percent higher than the base price.
11. To download 3-year price data, base price, and graph;- Click here
12. DCB Bank Ltd is a dividend-paying company in 2023 it pay 1.25 rupees par share dividend.
13. Promoters of DCB Bank Ltd hold 14.83% of shares and no any share pledged by promoters. 52.16% of stocks held by institutions.
15. I recommended to buy it in STP method For more details of the STP method watch this video:-https://youtu.be/gREpTaV50bA
STP price for 1 Nov 2023 to 15 Nov 2023=130
(Watch this video for automated STP price google sheet:-(https://www.youtube.com/watch?v=dpow44oGVY4)
16. Link of my Earlier STP recommendations:-
https://docs.google.com/spreadsheets/d/1ZWtF5z718RkLoz7QMIwtsOa4oXpP0dnHCVOlcSqFyaQ/edit?usp=sharing
17. Link of my books:- https://amzn.to/3IRNRHo
Link of my latest book Psychology of option trading (Hindi):- https://amzn.to/3tVqfzg
English Version Also available for Pre Order:- https://amzn.to/3MoisAk
18. Disclaimer:- This is not an advisory service to buy or sell. The contents of “this research report” are only for educational purposes. No liability is accepted for any content in “this research report”. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index, or any other financial instrument at any time. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions. Please read the full disclaimer at the bottom of my blog.
19. Discloser:- I Mahesh Chander Kaushik author of this research report is an existing research analyst and passed NISM certification for research analysts. I have also registered under SEBI(RESEARCH ANALYSTS) REGULATIONS, 2014 ( SEBI Registration Number INH 100000908 ) hereby disclose my financial interest in the subject company and the nature of such financial interest:- 1 My associates or relatives have not any shares of DCB bank but 130 sharesof DCB bank ltd is in my personal holding so my personal interest is included in this stock. 2. Me and my associates or relatives have not any actual/beneficial ownership of one percent or more securities of the subject company (DCB). 3. Me and my associates or relatives have not any other material conflict of interest at the time of publication of the research report. 4. Me and my associates and relatives have not received any type of compensation from the subject company(DCB) in the past twelve months. 5. I am not served as an officer, director, or employee of the subject company ( DCB ). 6. I have been not engaged in the market-making activity for the subject company (DCB).