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Book some profits in DCB Bank: Gaurang Shah

Gaurang Shah of Geojit Financial Services is of the view that one may book some profits in DCB Bank.

July 17, 2017 / 16:06 IST

Gaurang Shah of Geojit Financial Services told CNBC-TV18, "We had a coverage on DCB Bank right from the levels of Rs 60-65 and as the bank reported numbers which were much better quarter-on-quarter, year-on-year basis, we increased our target to somewhere close to about Rs 200 and that target is achieved. So, fundamentally it is only prudent on my part that I would advise him to book profits."

"In case if one is hungry for more, then at least book part profits and move your investment to some other investment ideas. However, at least book some profits in DCB Bank since the target is in place," he added.

first published: Jul 17, 2017 03:53 pm

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