Development Credit Bank (DCB) shares gained on Tuesday after the bank reported a net profit of Rs 450 million for the quarter ended Jun. 30, 2014, an increase of 4.65% from net profit of Rs 430 million in the same period last year.

Total income has gone up 35.16% to Rs 1.73 billion for the quarter ended Jun. 30, 2014 from Rs 1.28 billion in the year ago period.

Shares of the bank are trading at Rs 77.95, up Rs 0.80, or 1.04% at the Bombay Stock Exchange (BSE) on Tuesday at 9:43 a.m.

The scrip has touched an intra-day high of Rs 78.80 and low of Rs 76.90. The total volume of shares traded at the BSE is 109,423.