NIFTY 23907.25 BANK 51135.40

Dhanlaxmi Bank Limited
Share Price Target & Analysis

NSE:DHANBANK

31.01

VWAP

30.62

Open

30.91

Close

31.22

High

30.62

Low

59

52 Week High

31.06 ⇧
0.15 (0.49%)

DHANBANK

(FINANCIAL SERVICES)
9.9% Momentum

Watch Carefully

28

52 Week Low

0.96

EPS

18.6

PE

0.76

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: DHANBANK Share Price Financial Analysis & Valuation

Dhanlaxmi Bank Limited (DHANBANK) is broadly categorized in FINANCIAL SERVICES segment industry which deals in Banks - Private Sector vertical. It is one of Micro Cap company with Market Capitalization of Rs 363.1 (in Cr). Total number of free float shares are 25.3 (in Lacs). Dhanlaxmi Bank Limited is listed on NSE with Exchange ID - INE680A01011 and trading code is NSE:DHANBANK with short name Dhanlaxmi Bank.

In the past 1 year, Dhanlaxmi Bank Limited has declared an equity dividend of Rs 0 per share. At the current share price of DHANBANK at Rs 31.06, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:DHANBANK, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine DHANBANK underlying value and future prospects. All of this data is available in DHANBANK financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:DHANBANK, it is clearly understood that DHANBANK is Economical performer in terms of earnings and profit margins with an EPS of 0.96. NSE:DHANBANK book value per share as of today is 40.7. The current price to book ratio for DHANBANK as of Nov 23, 2024 is 0.76.

Valuation of the Stock: The current valuation of DHANBANK stock is like Gold which means currently the stock is Overpriced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of DHANBANK whether to BUY this stock at current valuation. The delivery percentage of DHANBANK is 32.83% is very crucial parameter which shows that 32.83% investors are anticipating that the price of DHANBANK share should go up with VWAP at 31.01.

Now, the main question is whether to BUY or SELL, NSE:DHANBANK at current valuation.
As per latest Analysis No. #8206:-

⇑ STRONG BUY DHANBANK if All Greens

⇗ BUY DHANBANK (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD DHANBANK (With Stop Loss) if only 1 Green

⇘ SELL DHANBANK if NO Green Indicator

NSE: DHANBANK Share Price Today (Nov 23, 2024)

(Dhanlaxmi Bank Limited Daily Analysis on the basis of DHANBANK Intraday Graph & Trend)

Dhanlaxmi Bank Limited share price moved Up by 0.49% from its previous close of Rs 30.91. DHANBANK stock last traded price is 31.06. DHANBANK share price trend is Up with a total of 294281 stocks traded till now. It has touched an intraday high of Rs 31.22 and an intraday low of Rs 30.62. The DHANBANK trading at 31.06, Up by Rs. 0.15, or 0.49 percent which suggests that most of the Traders are anticipating that the price of DHANBANK share should go Up.

NSE: DHANBANK Share Price Tomorrow Prediction

(Dhanlaxmi Bank Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of DHANBANK)

Dhanlaxmi Bank Limited share price moved Up by 0.49%. DHANBANK share price short term trend is Up. It suggests that DHANBANK Share Price for Tomorrow remains the same with VWAP at 31.01 will be treated as stop loss for intraday traders. Dhanlaxmi Bank Limited Long term investors can follow the DHANBANK long term trend as mentiond in future forecast table.

NSE Code

NSE: DHANBANK

DHANBANK Share Price Today

 31.06

DHANBANK Share Price Target Prediction for 2024 ^

 29.4 - 46.2

DHANBANK Share Price Target Prediction for 2025*^

 46.2 - 48

DHANBANK Share Price Target Prediction for 2026*^

 48 - 50.4

DHANBANK Share Price Target Prediction for 2027*^

 53

DHANBANK Share Price Target Prediction for 2028*^

 53

DHANBANK Share Price Target Prediction for 2030*^

 58
DHANBANK Current Book Value 2023
40.5

*Dhanlaxmi Bank Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^DHANBANK share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

DHANBANK Technical Analysis

Candlestick Pattern: @31.76

DHANBANK Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 32.46 SELL 32.42 SELL
MA_12 33.91 SELL 33.55 SELL
MA_20 34.38 SELL 34.14 SELL
MA_32 35.18 SELL 35.07 SELL
MA_50 36.1 SELL 35.96 SELL
MA_100 38.38 SELL 37.5 SELL
MA_200 41.8 SELL 37.85 SELL

DHANBANK Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 34.38 Downtrend
MACD -0.25 SELL
ADX 24.82 NO or Weak Trend
DMI (+/-) 13.75 / 35.86 Downtrend

DHANBANK Momentum Oscillators

BUY (0) NEUTRAL (5) SELL (7)
Momentum Oscillators Value Action
RSI 35.04 Neutral
STOCHASTIC_K (Fast) 11.28 Oversold
STOCHASTIC_D (Slow) 3.87 Oversold
CCI -168.92 SELL
PSAR 35.38 SELL
TRUE RANGE 0.86 Neutral
ATR 1.3 Neutral
WILLIAMS R -84.1 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 48.16 Neutral
STOCHASTIC RSI D 16.05 Oversold
MOMENTUM -4.22 SELL

DHANBANK Last 1 Year Trend

Duration Value
1 Year 6.94%
3 Months -20.6%
1 Month -11.73%
1 Week -9.36%

DHANBANK Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 0%
NEUTRAL / HOLD 20%
SELL 80%

Most popular Questions & Answers about DHANBANK


Dhanlaxmi Bank Limited stock last traded price is 31.06. DHANBANK share price moved Up by 0.49% from its previous close of Rs 30.91.

Dhanlaxmi Bank Limited share price trend is Up with a total of 294281 stocks traded till now. It has touched an intraday high of Rs 59.59 and an intraday low of Rs 30.62. The DHANBANK trading at 31.06, Up by Rs. 0.15, or 0.49 percent which suggests that most of the Traders are anticipating that the price of DHANBANK share should go Up and the Stop Loss will be around 31.01.

The market cap of Dhanlaxmi Bank Limited is ₹363.1 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Dhanlaxmi Bank Limited as of Nov 22, 2024 is 18.6.

The current price to book ratio for Dhanlaxmi Bank Limited as of Nov 22, 2024 is 0.76.

The highest price of Dhanlaxmi Bank Limited stock is ₹59 in the last 52-week.

The lowest price of Dhanlaxmi Bank Limited stock is ₹28 in the last 52-week.

Dhanlaxmi Bank Limited share trading at ₹31.06, Up by Rs. 0.15, or 0.49 percent which suggests that most of the traders are anticipating that the price of DHANBANK share should go Up.

In 2023, Stock price target for Dhanlaxmi Bank Limited (DHANBANK) are ₹29.4 on downside and ₹46.2 on upside. Dhanlaxmi Bank Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Dhanlaxmi Bank Limited (DHANBANK) are ₹46.2 on downside and ₹48 on upside. Dhanlaxmi Bank Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Dhanlaxmi Bank Limited (DHANBANK) are ₹48 on downside and ₹50.4 on upside. Dhanlaxmi Bank Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Dhanlaxmi Bank Limited (DHANBANK) will be around ₹53 Dhanlaxmi Bank Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of DHANBANK.

The price of Dhanlaxmi Bank Limited (DHANBANK) shares moved by 0.49%. The short-term trend for DHANBANK share price is Up. It implies that the share price of DHANBANK will stay the same tomorrow and that intraday traders should treat VWAP at 31.01 as a stop loss. Investors with a long-term outlook can track DHANBANK long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of DHANBANK stock is 11.5. Compared to the current market price of 31.06 INR, the DHANBANK stock is Overvalued by 63%.

As per the fundamental analysis of Dhanlaxmi Bank Limited (DHANBANK), it is of Economical quality in terms of earnings and profit margins with an EPS of 0.96. Dhanlaxmi Bank Limited book value per share as of today is 40.7. The current price to book ratio for DHANBANK as of Nov 23, 2024 is 0.76.


NSE:DHANBANK News & Other Useful Information about DHANBANK Share Price


Peer Comparison of NSE: DHANBANK

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Banks - Private Sector

Company Price EPS BV
HDFCBANK 1742.10 86.2 572.55
ICICIBANK 1278.00 62.06 337.92
KOTAKBANK 1761.80 84.16 486.07
AXISBANK 1141.80 84.52 485.53
INDUSINDBK 998.65 104.26 806.11
BANDHANBNK 170.14 17.31 133.87
AUBANK 595.70 24.47 169.87
YESBANK 19.21 0.55 13.31
IDFCFIRSTB 64.15 3.17 44.28
FEDERALBNK 209.37 16.22 118.61
Updated at: 22 Nov 2024 15:50

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