Fino Payments Bank Ltd.

NSE: FINOPB | BSE: 543386 | ISIN: INE02NC01014 | Industry: Microfinance Institutions
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268.9000 0.20 (0.07%)
NSE Sep 30, 2025 15:31 PM
Volume: 143.6K
 

268.90
0.07%
ICICI Securities Limited
We initiate coverage on Fino Payments Bank (Fino) with BUY rating and TP of Rs475. Fino is uniquely positioned to capture growing opportunities in rural India, led by deep-rural products like MATM (~51% market share as on Aug’21) & AEPS, tailor-made CASA accounts for under served population, and payment app called “FinoPay” targeting rural population
Fino Payments Bank Ltd. is trading above its 200 day SMA of 266.5
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