<ul data-eligibleForWebStory="true"><li>ICICI Securities maintains a 'Buy' rating on DCB Bank shares, forecasting up to a 22% upside potential.</li><li>The brokerage highlights that DCB Bank's stock is currently trading at multiples comparable to the pandemic period, except for banks with MFI (Microfinance Institution) exposure.</li><li>During the pre-Covid-19 phase, DCB Bank's gross slippages remained consistently low, standing at less than 2%.</li><li>Despite the bank's resilience in the pre-Covid era, its stock witnessed a significant de-rating post-pandemic.</li><li>In the 2015-2020 period pre-Covid-19, the stock maintained an average multiple of around 2x on a 1-year forward basis.</li><li>Excluding the peak crisis months, the stock's forward book multiple averaged merely 0.8x in the last approximately five years.</li></ul>

'Buy' DCB Bank Shares Maintains ICICI Securities, Sees Upto 22% Upside — Here's Why

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