DCB shares climb post Q1 results - The New Indian Express

DCB shares climb post Q1 results

Published: 15th July 2014 11:19 AM

Last Updated: 15th July 2014 11:19 AM

Development Credit Bank (DCB) shares gained on Tuesday after the bank reported a net profit of Rs 450 million for the quarter ended Jun. 30, 2014, an increase of 4.65% from net profit of Rs 430 million in the same period last year.

Total income has gone up 35.16% to Rs 1.73 billion for the quarter ended Jun. 30, 2014 from Rs 1.28 billion in the year ago period.

Shares of the bank are trading at Rs 77.95, up Rs0.80, or 1.04% at the Bombay Stock Exchange (BSE) on Tuesday at 9:43 a.m.The scrip has touched an intra-day high of Rs 78.80 and low of Rs 76.90. The total volume of shares traded at the BSE is 109,423.

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