DCB Bank shares jumped after a nearly 14 percent increase in net profit to Rs 177 crore for the three-month period ended March 2025.
The consolidated revenue from operations declined 45 percent to Rs 1,190 crore in the fourth quarter of the previous year, as against Rs 2,154 crore in the year-ago period.
About 1,854 shares advanced, 1,591 declined and 155 remained unchanged on July 26.
Breakout has been accompanied by a strong increase in volumes. Also, momentum Oscillator RSI has closed above 70 level which indicates reassures the bullish trend.
The order follows an inspection conducted by Sebi between April 2012 to March 2014. The Securities and Exchange Board of India found that there were instances where the broker had indulged into intermingling or misuse of clients' funds.
Ashwani Gujral of ashwanigujral.com recommends buying Gujarat Fluorochemicals, Motilal Oswal, Jindal Saw and Asian Paints.
With the July-September quarterly earnings season coming to an end, the focus will now shift to global cues which will determine the near-term trend for the domestic bourses, say analysts.
Rikesh Parikh, Vice-President Markets Strategy and Product Development -Equities, Motilal Oswal Financial Services Ltd view on BHEL.
-Equities, Motilal Oswal Financial Services Ltdbearish on Tata Steel, buy May 400 Put