Research Reports published by WEALTHYVIA

Name: Latest research reports of Ujjivan Small Finance Bank Ltd. authored by WealthyVia and published by - Trendlyne research reports.
Item: Ujjivan Small Finance Bank Ltd.
Rating: 5
Author: WealthyVia

Latest research reports published by WealthyVia

Ujjivan Small Finance Bank Ltd.

02 Dec 2019

48.56

-1.14%

Ujjivan Small Finance IPO - Subscribe

IPO Subscribe: Ujjivan Small Finance Bank...

WealthyVia

TTM Price to Book of 2.8 (IPO Price), it is valued below its peers. With the regulatory hiccups out of the way, the management can focus on growth of the core business. We expect the company to grow NII & Profitability at a CAGR of 25% over the next 3 years, with well managed NPAs. We expect ROA & ROE to reach 2% & 15% respectively over the next 3 years.

Given all the growth prospects, we are bullish on Ujjivan SFB & We recommend a subscribe for the IPO.

Ujjivan Small Finance Bank Ltd. has gained 32.93% in the last 3 Months