DCB Bank’s Q1FY19 NII has improved by 17.1% to Rs273cr against Rs 233.2 cr yoy. It’s net profit was in-line with the estimates, which has improved by 6.6% to Rs 69.5 cr against Rs 65.2 cr yoy. GNPA for Q1FY19 came at 1.86% against 1.79% qoq, which has increased by 7bps. NNPA for the quarter were flat qoq at 0.72%.
FUTURE CALL: BUY FEDERALBNK ABOVE 75.30 TARGETS 75.80 / 76.50 / 77.50 STOPLOSS 74.70
FIRE FIRE FIRE......... FEDERALBNK BUY CALL FINAL TARGETS 77.50 HAS ACHIEVED BOOK FULL #PROFIT NEW HIGH 77.50. PROFIT (RS 12100)
GET 3 DAYS FREETRIAL IN ALL SEGMENTS: -https://goo.gl/yoJpf4