
Shares of DCB Bank and Multi Commodity Exchange of India (MCX) rose up to 7 percent in on Tuesday after brokerages turned positive following strong December quarter earnings.
DCB Bank shares touched a fresh 52-week high after the private sector lender reported a 22 percent rise in net profit at Rs 185 crore for the December 2025 quarter, compared with Rs 151 crore in the year-ago period.
The stock rose as much as 8.26 percent to an intraday high of Rs 198 apiece, its highest level since January 2020. It had opened 3.06 percent higher.
Net interest income grew to Rs 625 crore from Rs 543 crore a year ago, while non-interest income increased to Rs 221 crore from Rs 184 crore. Provisions stood at Rs 74 crore, up from Rs 67 crore in the corresponding quarter last year.
On the asset quality front, the gross non-performing assets ratio improved to 2.72 percent from 2.99 percent a year ago. Capital adequacy ratio was at 15.84 percent as of December 31, 2025, with core equity tier-I at 13.45 percent.
IDBI Capital said the outlook for the bank remains constructive, supported by balance sheet growth, improving asset quality and a focus on consistency. Elara Capital, however, pointed to structural limitations to return ratios, pegging return on equity at 12-13 percent in FY27.
Meanwhile, MCX shares climbed over 6 percent to Rs 2,429 apiece, snapping a five-day losing streak. The stock had opened 4.51 percent higher.
The commodities exchange reported a 150 percent year-on-year jump in consolidated net profit for the December quarter, while consolidated income rose about 21 percent.
UBS maintained a ‘buy’ rating on the stock with a price target of Rs 2,400, citing robust trading volumes and operating leverage as key drivers of the strong quarterly performance.
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