Wednesday, April 17, 2019

Stock of Development credit bank ltd. Buy at target price of 210

Development Credit Bank Ltd. Buy stock at the target price of 210


the target price of development Credit Bank Ltd. stock  210

Stock Market's Expert Manas Jaiswal suggests investors are advised that Development Credit Bank Ltd. Buy stock at the target price of 210.0 because Development Credit Bank Ltd. The present market price of Rs. 202.05 and Market Expert has fixed its time frame Intra Day, when Development Credit Bank Ltd. The price can reach its set target. Manas Jaiswal has instructed investors to keep stop loss Rs. 198 in it and strictly adhere to it so that they get the benefit.

Development Credit Bank Ltd., incorporated in the year 1995, is a banking company, whose stock price can give you good benefits.

The bank has reported total non-executed assets of Rs 445.12 crore / Gross NPA (1.92% of total assets) and net non-performing asset / net NPA (.71% of total assets) of Rs 163.44 crores.
For the end quarter 31-12-2018, the reported standalone interest income of the bank is Rs 628.35 crore, interest income of the last quarter of 6.20% upwards - from Rs 591.69 crore and 26.72% over the previous year's interest income - Rs 495.85 Million In the latest quarter, the bank has a net profit of Rs 86.10 crore after the reported tax.

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1 comment:

  1. All the contents you mentioned in post is too good and can be very useful. I will keep it in mind, thanks for sharing the information keep updating, looking forward for more posts. Thanks.

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