NIFTY 22217.85 BANK 47859.45

Dhanlaxmi Bank Limited
Share Price Target & Analysis

NSE:DHANBANK

42.42

VWAP

42.10

Open

42.55

Close

43.15

High

42.00

Low

59.00

52 Week High

42.15 ⇩
-0.40 (-0.94%)

DHANBANK

(FINANCIAL SERVICES)
60.6% Momentum

Sideways to Positive

16.20

52 Week Low

3.66

EPS

17.55

PE

1.11

PB

Standard
Quality

Steel
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 42.15, 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 Standard performer in terms of earnings and profit margins with an EPS of 3.66. NSE:DHANBANK book value per share as of today is 37.99. The current price to book ratio for DHANBANK as of May 15, 2024 is 1.11.

Valuation of the Stock: The current valuation of DHANBANK stock is like Steel which means currently the stock is Moderately Priced. 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 41.03% is very crucial parameter which shows that 41.03% investors are anticipating that the price of DHANBANK share should go up with VWAP at 42.42.

Now, the main question is whether to BUY or SELL, NSE:DHANBANK at current valuation.
As per latest Analysis No. #7702:-

⇑ 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 (May 15, 2024)

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

Dhanlaxmi Bank Limited share price moved Down by -0.94% from its previous close of Rs 42.55. DHANBANK stock last traded price is 42.15. DHANBANK share price trend is Down with a total of 445638 stocks traded till now. It has touched an intraday high of Rs 43.15 and an intraday low of Rs 42.00. The DHANBANK trading at 42.15, Down by Rs. -0.40, or -0.94 percent which suggests that most of the Traders are anticipating that the price of DHANBANK share should go Down.

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 Down by -0.94%. DHANBANK share price short term trend is Down. It suggests that DHANBANK Share Price for Tomorrow remains the same with VWAP at 42.42 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

 42.15

DHANBANK Share Price Target Prediction for 2024 ^

 36.3 - 59.3

DHANBANK Share Price Target Prediction for 2025*^

 59.3 - 63.2

DHANBANK Share Price Target Prediction for 2026*^

 63.2 - 67.6

DHANBANK Share Price Target Prediction for 2027*^

 71

DHANBANK Share Price Target Prediction for 2028*^

 73

DHANBANK Share Price Target Prediction for 2030*^

 80
DHANBANK Current Book Value 2023
37.8

*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: @44.7

DHANBANK Moving Averages

BUY (10) NEUTRAL (0) SELL (4)
MA Simple Action S1 Expo Action E2
MA_5 44.16 BUY 44.37 BUY
MA_12 44.7 SELL 44.54 BUY
MA_20 45.1 SELL 44.66 BUY
MA_32 44.38 BUY 44.71 SELL
MA_50 45.54 SELL 44.28 BUY
MA_100 42.87 BUY 42.06 BUY
MA_200 33.78 BUY 35.43 BUY

DHANBANK Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 45.1 Downtrend
MACD -0.08 SELL
ADX 17.74 NO or Weak Trend
DMI (+/-) 19.77 / 25.93 Downtrend

DHANBANK Momentum Oscillators

BUY (5) NEUTRAL (6) SELL (1)
Momentum Oscillators Value Action
RSI 49.87 Neutral
STOCHASTIC_K (Fast) 64.34 Neutral
STOCHASTIC_D (Slow) 63.55 Neutral
CCI -22.26 Neutral
PSAR 48.53 SELL
TRUE RANGE 1.2 BUY
ATR 2.02 BUY
WILLIAMS R -60.93 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 98.5 Overbought
MOMENTUM 2.75 BUY

DHANBANK Last 1 Year Trend

Duration Value
1 Year 170.09%
3 Months -3.35%
1 Month 6.56%
1 Week 2.88%

DHANBANK Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 50%
NEUTRAL / HOLD 23%
SELL 27%

Most popular Questions & Answers about DHANBANK


Dhanlaxmi Bank Limited stock last traded price is 42.15. DHANBANK share price moved Down by -0.94% from its previous close of Rs 42.55.

Dhanlaxmi Bank Limited share price trend is Down with a total of 445638 stocks traded till now. It has touched an intraday high of Rs 59.59 and an intraday low of Rs 42.00. The DHANBANK trading at 42.15, Down by Rs. -0.40, or -0.94 percent which suggests that most of the Traders are anticipating that the price of DHANBANK share should go Down and the Stop Loss will be around 42.42.

The market cap of Dhanlaxmi Bank Limited is ₹363.1 (in Cr) as of May 14, 2024.

The current price to earning ratio for Dhanlaxmi Bank Limited as of May 14, 2024 is 17.55.

The current price to book ratio for Dhanlaxmi Bank Limited as of May 14, 2024 is 1.11.

The highest price of Dhanlaxmi Bank Limited stock is ₹59.00 in the last 52-week.

The lowest price of Dhanlaxmi Bank Limited stock is ₹16.20 in the last 52-week.

Dhanlaxmi Bank Limited share trading at ₹42.15, Down by Rs. -0.40, or -0.94 percent which suggests that most of the traders are anticipating that the price of DHANBANK share should go Down.

In 2023, Stock price target for Dhanlaxmi Bank Limited (DHANBANK) are ₹36.3 on downside and ₹59.3 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 ₹59.3 on downside and ₹63.2 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 ₹63.2 on downside and ₹67.6 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 ₹73 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.

As per the fundamental analysis of Dhanlaxmi Bank Limited (DHANBANK), it is of Standard quality in terms of earnings and profit margins with an EPS of 3.66. Dhanlaxmi Bank Limited book value per share as of today is 37.99. The current price to book ratio for DHANBANK as of May 15, 2024 is 1.11.


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 1460.95 79.98 554.25
ICICIBANK 1120.55 58.18 280.16
KOTAKBANK 1646.30 69.33 417.62
AXISBANK 1122.85 80.51 406.13
INDUSINDBK 1421.00 114.98 697.34
BANDHANBNK 188.55 18.52 121.57
AUBANK 638.70 20.66 148.82
YESBANK 22.55 0.4 12.87
IDFCFIRSTB 77.50 4.18 39.63
FEDERALBNK 163.90 15.27 107.24
Updated at: 14 May 2024 15:50

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