Wednesday , Nov. 27, 2024, 3:51 a.m.
News thumbnail
Business / Tue, 25 Jun 2024 The Economic Times

Ujjivan Small Finance Bank stocks: Add Ujjivan Small Finance Bank, target price Rs 57: Kotak Institutional Equities

Ujjivan Small Finance Bank Ltd., incorporated in the year 2016, is a banking company (having a market cap of Rs 8853.42 Crore). FinancialsFor the quarter ended 31-03-2024, the company reported a Standalone Total Income of Rs 1764.64 Crore, up 6.60 % from last quarter Total Income of Rs 1655.39 Crore and up 29.38 % from last year same quarter Total Income of Rs 1363.89 Crore. (You can now subscribe to our(You can now subscribe to our ETMarkets WhatsApp channel Kotak Institutional Equities has add call on Ujjivan Small Finance Bank with a target price of Rs 57. The current market price of Ujjivan Small Finance Bank Ltd . is Rs 45.85.Ujjivan Small Finance Bank Ltd., incorporated in the year 2016, is a banking company (having a market cap of Rs 8853.42 Crore).

Promoters held 73.52 per cent stake in the company as of 31-Mar-2024, while FIIs owned 3.48 per cent, DIIs 2.33 per cent.

Ujjivan Small Finance Bank Ltd., incorporated in the year 2016, is a banking company (having a market cap of Rs 8853.42 Crore).

Financials

For the quarter ended 31-03-2024, the company reported a Standalone Total Income of Rs 1764.64 Crore, up 6.60 % from last quarter Total Income of Rs 1655.39 Crore and up 29.38 % from last year same quarter Total Income of Rs 1363.89 Crore. The bank reported net profit after tax of Rs 329.63 Crore in latest quarter.

Promoter/FII Holdings

Promoters held 73.52 per cent stake in the company as of 31-Mar-2024, while FIIs owned 3.48 per cent, DIIs 2.33 per cent.

(You can now subscribe to our

(You can now subscribe to our ETMarkets WhatsApp channel Kotak Institutional Equities has add call on Ujjivan Small Finance Bank with a target price of Rs 57. The current market price of Ujjivan Small Finance Bank Ltd . is Rs 45.85.Ujjivan Small Finance Bank Ltd., incorporated in the year 2016, is a banking company (having a market cap of Rs 8853.42 Crore). Ujjivan Small Finance Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest and Interest On Balances with RBI and Other Inter-Bank Funds for the year ending 31-Mar-2023.For the quarter ended 31-03-2024, the company reported a Standalone Total Income of Rs 1764.64 Crore, up 6.60 % from last quarter Total Income of Rs 1655.39 Crore and up 29.38 % from last year same quarter Total Income of Rs 1363.89 Crore. The bank reported net profit after tax of Rs 329.63 Crore in latest quarter.Promoters held 73.52 per cent stake in the company as of 31-Mar-2024, while FIIs owned 3.48 per cent, DIIs 2.33 per cent.

(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.

logo

Stay informed with the latest news and updates from around India and the world.We bring you credible news, captivating stories, and valuable insights every day

©All Rights Reserved.