Dhanlaxmi Bank is a private-sector bank. Many people consider Dhanlaxmi Bank as a small finance bank, but it is not so as it is a scheduled commercial bank that provides all financial products to its customers. In this Blog Post, we will know about Dhanlaxmi Bank share price target from 2024 to 2030 in the coming time. Dhanlaxmi Bank price prediction will be based on past performance and fundamental analysis. The Current Market Price of Dhanlaxmi Stock is ₹34.28 as of 22-10-2024. Dhanlaxmi Bank was listed on the National Stock Exchange and Bombay Stock Exchange on April 1, 2004.
Dhanlaxmi Bank has performed very well. Dhanlaxmi Bank and has given returns of 156.17% in the last 5 years and over the previous 1 year, Dhanlaxmi Bank has also shown excellent returns of 21.62%. Dhanlaxmi Bank stock price increased from ₹15.10 to ₹36.12 in the previous 5 years. The 52-week High of Dhanlaxmi Bank Stock is ₹59.00 and the 52-week Low is ₹26.25 as of 23 October 2024.
Dhanlaxmi Bank Overview
Dhanlaxmi Bank was started on November 14, 1927. It is one of the oldest banks in India. Dhanlaxmi Bank provides its customers a range of financial products and services, including retail, loans, deposits, and wealth management services. Dhanlaxmi Bank is headquartered in Thrissur, Kerala, India. Dhanlaxmi Bank also provides corporate banking services like SME loans, trade finance, and cash management solutions tailored to meet the unique needs of small and medium-sized enterprises. Ajith Kumar KK is the managing director and CEO of Dhanlaxmi Bank.
This shareholding pattern of Dhanlaxmi Bank Limited is as of September 2024.
Conclusion
Dhanlaxmi Bank’s revenue and profit have grown over the past few years; however, this growth is not particularly impressive. The stock’s P/E ratio is relatively high, which may not be favorable for investors. Additionally, the promoters’ holding in the company is quite low.
The target price of Dhanlaxmi Bank given above is only a guidance. We do not give any kind of buy or sell advice. The target prices of the given DhanBank Stocks are subject to change at any time depending on the market conditions. However, TrendFriend advises you to consult your experts for any investment In DhanBank.
FAQ’s
What is the promoters’ holding in Dhanlaxmi Bank?
Promoters’ holdings in Dhanlaxmi Bank are 4.97%.
Who is the MD of Dhanlaxmi Bank?
Ajith Kumar KK is the managing director and CEO of Dhanlaxmi Bank.
What is the target price of Dhanlaxmi Bank In 2025?
Dhanlaxmi Bank share price target is between ₹41.00 to ₹55.50 in 2025.
What is the target price of Dhanlaxmi Bank In 2026?
Dhanlaxmi Bank share price target is between ₹57.00 to ₹72.50 in 2026.
I am Shivam, a trader, analyst, and passionate blogger with 2 years of experience in the financial markets. Specializing in market analysis and trading strategies, I provide valuable insights aimed at helping both new and experienced traders make informed decisions. Through my blog, I share my knowledge of financial trends, helping readers understand market movements and seize opportunities with confidence. Join me on this journey to enhance your trading skills and achieve your financial goals.
