US Edition'Buy' DCB Bank Shares Maintains ICICI Securities, Sees Upto 22% Upside — Here's Why
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'Buy' DCB Bank Shares Maintains ICICI Securities, Sees Upto 22% Upside — Here's Why
DCB’s stock has seen a sharp de-rating post pandemic. For the around five-year period, pre-Covid-19 (2015–20), the stock averaged ~2x multiple on a 1-year forward basis. Excluding the three months of peak crisis, it averaged just 0.8x forward book in the last ~5 years.NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. T…
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