You will make money in these 2 bank stocks worth less than ₹ 200, buy them and keep them in your portfolio; You can get up to 40% return

Bank Stocks to BUY: The trend of decline in domestic stock markets is showing no sign of stopping. On Monday (January 27), the first day of the week, the markets closed with a big decline. Key benchmark indices Sensex and Nifty slipped more than 1 per cent. The weak quarterly results of domestic companies have worried investors.

Technology stocks across the world fell on Monday as China’s artificial intelligence startup DeepSeek models surged in popularity. Amidst this mood-environment in the market, brokerage firms have changed their investment strategy on two bank stocks below Rs 200, Bank of India (BoI) and DCB Bank.

DCB Bank: Targets up to 40% upside

Brokerage firm HDFC Securities has maintained its rating on DCB Bank at ADD. The brokerage has kept a target price of Rs 140 on the stock. In this way, the stock can give an upside return of 23% in the long term from Friday’s closing price. DCB Bank shares closed at Rs 114 on Friday.

Brokerage firm ICICI Securities has maintained ‘BUY’ rating on DCB Bank. For this, the brokerage has given a target price of Rs 160 on the stock. In this way, from the closing price of Friday (January 24), the stock can give an upside return of 40% in future.

Brokerage Motilal Oswal has also given ‘BUY’ rating on DCB Bank. The brokerage has kept the target price for the bank at Rs 160. In this way, from the closing price of Friday (January 24), the stock can give an upside return of 40% in future. DCB Bank shares closed at Rs 114 on Friday.

Read Also:  Midcap IT shares proved to be heroes, 12% jump in one day

Bank of India: Target of upside up to 25%

Brokerage firm Mirae Asset Sharekhan on Bank of India (BOI) BUY Rating is given. Brokerage on the stock 130 The target price has been kept at Rs. On Monday, Bank of India shares closed at Rs 104, up 6.10%. Share like this in long term 25% Can give upside returns of Rs.

Talking about the performance of the stock, it has been almost flat in the last one month. At the same time, the stock has increased by about 8% in the last three months. The stock is down 20.68% over the last one year. In April 2024, the stock had reached a 52 week high of Rs 158. However, after this the stock started declining and it slipped to the level of Rs 90 on January 13, 2025. At present the share price is 35-38% below its high.

Bank of India Q3 Results

Bank deposits registered an annual growth of 12.29% and stood at Rs 707827 crore. Advances stood at Rs 565060 crore with a jump of 15.30%. There was a growth of 15% in domestic advance and 21.22% growth in retail credit. At the same time, net profit increased by 34.62% to Rs 2517 crore, operating profit increased by 23.26% to Rs 3703 crore, net interest income increased by 11% to Rs 6070 crore.

Leave a comment