HomeNewsBusinessStocksLike DCB Bank: Devang Mehta

Like DCB Bank: Devang Mehta

Devang Mehta of Anand Rathi Financial Services has a bullish stance on DCB Bank.

July 14, 2015 / 16:36 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Devang Mehta of Anand Rathi Financial Services told CNBC-TV18, "We have been very bullish on DCB Bank and we have been very aggressively pushing it. We still like the stock and one quarterly result wouldn’t hamper the prospects of the company. We feel that there has been a tremendous recovery as well as turnaround in the fortunes of the banks by doing all the things right. Prima facie there is nothing to worry and we would remain bullish."

The share touched its 52-week high Rs 148.00 and 52-week low Rs 78.25 on 13 July, 2015 and 14 July, 2014, respectively.

Story continues below Advertisement
first published: Jul 14, 2015 04:36 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!