DCB Bank is currently positioned at a strong support level, coinciding with a trendline and the Value Area Level (VAL) in the volume profile. This alignment suggests a potential bounce from these levels. If the stock breaks above the trendline and reaches the Value Area High (VAH), a 30% upward movement could be expected.
Fundamental Points for DCB Bank (2024):
Market Capitalization: Approximately ₹3,621 crore.
P/E Ratio: Around 6.36, indicating it may be undervalued.
Return on Equity (ROE): Approximately 11.1%, reflecting decent profitability.
Gross NPA Ratio: Stands at 3.23%, indicating manageable asset quality.
Advances Growth: Reported a year-on-year increase of 19%, showcasing strong loan growth.
With solid fundamentals and current pricing near key support levels, DCB Bank presents an interesting opportunity for investors.
Fundamental Points for DCB Bank (2024):
Market Capitalization: Approximately ₹3,621 crore.
P/E Ratio: Around 6.36, indicating it may be undervalued.
Return on Equity (ROE): Approximately 11.1%, reflecting decent profitability.
Gross NPA Ratio: Stands at 3.23%, indicating manageable asset quality.
Advances Growth: Reported a year-on-year increase of 19%, showcasing strong loan growth.
With solid fundamentals and current pricing near key support levels, DCB Bank presents an interesting opportunity for investors.
Trading ditutup: target tercapai
Reached 25% 😃🎉
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.