DCB Bank Ltd is up for a third straight session today. The stock is quoting at Rs 212.5, up 3.31% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.8% on the day, quoting at 11136.35. The Sensex is at 37678.97, up 0.88%. DCB Bank Ltd has gained around 10.36% in last one month.
Meanwhile, Nifty Private Bank index of which DCB Bank Ltd is a constituent, has gained around 0.94% in last one month and is currently quoting at 15760.55, up 0.95% on the day. The volume in the stock stood at 6.85 lakh shares today, compared to the daily average of 10.01 lakh shares in last one month.
The PE of the stock is 18.91 based on TTM earnings ending June 19.
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Valued Customer,
BOB Capital Markets Limited (BOBCaps) is firmly committed to the safety of your wealth. We would like to bring to your notice certain precautions that you certainly must take against potential tele-fraudsters/ unscrupulous and unregistered portfolio managers:
ALWAYS AVOID
Certain tele-fraudsters / unscrupulous and unregistered portfolio managers call customers or SMS them on the pretext of providing investment tips and lure them to invest through their bogus firms by promising huge profits. Such deceitful callers ask the customer to share his/her login credentials with passwords to allow trading in their accounts, assuring huge returns. Often trades done in the customer’s accounts are far from the best interest of the customers. Holdings of customers are often sold and with the funds, trades are then placed in illiquid securities at unrealistic prices. At times, the holdings of customers are sold at prices detrimental to the customer.
The so-called “portfolio manager” assures profits, which naturally does not materialize. Customers are deceived into providing access to their trading accounts, thereby allowing such fraudsters access to funds and securities available to execute trades, injurious to the customer’s interest.
We would like to caution you against such fraudulent calls and SMSes and urge you to be alert. Follow the golden rule:
Do not share your Login Credentials or Passwords with anybody
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The following illicit activities by the persons named herein have come to the notice of Stock Exchanges: