Bankable: Ittira Davis On Small Finance Bank Ecosystem Post Covid-19 How has the small finance bank ecosystem changed after #Covid19? Is turning into a universal bank the only option for any SFB?In conversation with Ujjivan Small Finance Bank’s Ittira Davis.

Bankable: Ittira Davis On Small Finance Bank Ecosystem Post Covid-19

Geojit is bullish on Ujjivan Small Finance Bank has recommended buy rating on the stock with a target price of Rs 62 in its research report dated August 24, 2023.

Buy Ujjivan Small Finance Bank; target of Rs 62: Geojit

Enhanced profitability aided by healthy credit growth and lower cost.

Ujjivan Small Finance Bank - Strong Business Momentum To Continue: Geojit

Local bonds have been tracking U.S. yields, but they have not fallen much as inflation worries continue to hurt,” said Rajeev Pawar, head of treasury at Ujjivan Small Finance Bank

India bond yields end little changed before RBI policy minutes

The lender is now focusing on gaining scale by expanding product basket, adding more branches and growing manpower by about a fourth, managing director Ittira Davis told.

Universal banking on Ujjivan radar after reverse merger: Ittira Davis, MD & CEO, Ujjivan Small Finance Bank

Ujjivan Small Finance Bank: Emkay Global has raised its FY24-26 earnings estimates by 5-17 per cent and expect bank to log the best return on asset of 2.5-3.4 per cent and return on equity of 22-28 per cent during the period.

Multibagger stock: Ujjivan SFB shares climb 11%; price targets suggest further upside

Ujjivan Small Finance Bnak shares rose over 11 per cent in Monday’s trade; Should you buy the multibagger stock?

Ujjivan Small Finance Bank Rises 11% Today; Will The Rally Continue? - News18

The bank’s asset quality also improved as gross non-performing assets also reduced substantially to 2.62 percent from 6.51 percent in the year-ago period.

Ujjivan Small Finance Bank surges 10% to 52-week high on record 60% rise in net

Ujjivan Small Finance Bank (SFB) anticipates that it will see a full-year net interest margin (NIM) of about 9%, slightly down from the 9.2% reported for this quarter. It had anticipated a small decline in interest rates in the second half of the year, but the bank now expects that current interest …

Ujjivan SFB’s cost of funds to go up, NIM to be about 9% for full year: MD

Ujjivan SFB Q1 Earnings: The gross non-performing asset of the bank declined to 2.62 percent from 6.51 percent in the year-ago quarter

Ujjivan SFB Q1 Results: Net profit up 60% to highest ever at Rs 324 crore

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Stocks in news: Tata Power, Adani Wilmar, Marico, JSW Steel and more

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Ujjivan Small Finance Bank is a commercial bank specializing in catering to unserved and underserved segments.