DCB Bank is this week's top stock; why analysts are bullish
Synopsis
DCB Bank aims to double its balance sheet every 3-4 years, focusing on agri and inclusive banking, tractors, gold loans and home loans.
The private sector bank is expected to report a 10% year-on-year growth in net profit, in the June 2024 quarter, according to the consensus estimates of analysts compiled by Reuters-Refinitiv. Steady business growth and operating leverage benefits are expected to support the performance.The bank operates 442 branches across 20 states and two Union Territories, targeting the self-employed, MSME/SME, and retail segments. In 2023-24, its balance
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