DB Corp : Value Play Alert


Here's why DB Corp. is a hot stock:

This stock is at the confluence of strong technical’s and impressive fundamentals

DB Corp. smashed earnings expectations in their latest Q4, almost tripling their net profit.

The company declared a generous dividend of ₹8 per share.

The stock boasts a low PE ratio of 12.3, significantly lower than the industry average of 17.3.

The company demonstrates a healthy financial position with a strong book value of ₹125 and excellent promoter holding of 71.9%

Stock given a confirmed break out from a parallel channel /inverted head and shoulders pattern with stellar volume

The breakout base was from EMA 11, 21& 55 squeeze, indicating a potential trend reversal towards the upside

Based on the technical analysis, DB Corp. presents immediate target prices of ₹304, ₹320, ₹340, 374 & beyond

This is for informational purposes only and should not be considered financial advice.


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.