Hi…Today I have taken a position in DCB bank. I think it is most undervalued bank currently in private sector. Reasons for its undervaluation is its lower ROA. But in my opinion , nothing much is to loose in DCB bank from its current market price.If thinks improve from here in next 3-4 quarter then chance of gain will be quite substantial which can beat easily nifty 50 returns.
Dis: buyed @ 119.61 and its 2% of my portfolio.
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