44.0900 -0.65 (-1.45%)
NSE Apr 25, 2025 15:31 PM
Volume: 22.9M
 

Yes Securities
A large PPOP/earnings beat in Q2; improved cost metric alleviating creditcostimpactonRoARateBUYwith12mPTofRs40 UjjivanSmallFinanceBank(USFB)deliveredalargebeatonearningsinQ2FY21led byastrongerNIIperformance,highernoninterestincome,controlledopexgrowthand lowerthanestimatedprovisioning.Sequentialdeclineingrossadvancesat3.4%(yoy growth decelerated sharply to 8%) was caused by 6% contraction of Micro Banking portfolio(sharedeclinedto76%)wherethebankhasbeencautiousondisbursements and has tightened credit policy. Qoq growth in affordable housing and MSE lending...
Axis Direct increased Buy price target of Ujjivan Small Finance Bank Ltd. to 49.0 on 22 Apr, 2025.
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