NSE: EQUITASBNK | BSE: 543243

Mid-range Performer

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54.23 -0.02 (-0.04%)

37.30% Fall from 52W High

2.0M NSE+BSE Volume

NSE 11 Sep, 2025 3:31 PM (IST)

6,185

Market Cap

Above industry Median

0.9

Beta 1Year

Low volatility

Equitas Small Finance Bank Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for EQUITASBNK, BSE:543243 Equitas Small Finance Bank Ltd.

Equitas Small Finance Bank Ltd.

06 May 2022

54.23

-0.04%

Result Update:Equitas Sma. Fin

Buy: Equitas Small Finance Bank...

Axis Direct

We believe current valuations of 1.3x FY24E ABV are attractive and thus maintain our BUY rating on the stock with a target price of Rs 77 (1.9x FY24E ABV), implying an upside of 43% from the CMP.

Equitas Small Finance Bank Ltd. is trading below all available SMAs

Equitas Small Finance Bank Ltd.

01 Feb 2022

54.23

-0.04%

Result Update:Equitas Sma. Fin

Buy: Equitas Small Finance Bank...

Target

Axis Direct

We maintain our BUY rating on the stock with a target price of Rs 77 (2.1x H1FY24E ABV), implying an upside potential of 40% from the CMP.

Equitas Small Finance Bank Ltd. has lost -33.74% in the last 1 Year

Equitas Small Finance Bank Ltd.

11 Oct 2021, 12:00AM

54.23

-0.04%

Company Update:Equitas Sma. Fin

Buy: Equitas Small Finance Bank...

Axis Direct

We maintain our BUY rating on the stock and value EQSFB at 2.1x FY23E ABV to arrive at a target price of Rs 76/share, implying an upside of 18% from CMP.

Equitas Small Financ.. has an average target of 65.00 from 6 brokers.

Equitas Small Finance Bank Ltd.

02 Aug 2021

54.23

-0.04%

Result Update:Equitas Sma. Fin

Buy: Equitas Small Finance Bank...

Target

Axis Direct

We maintain our BUY rating on the stock and value EQSFB at 2.1x FY23E ABV to arrive at a target price of Rs 76/share, implying an upside of 21% from CMP.

Equitas Small Finance Bank Ltd. has lost -33.74% in the last 1 Year

Equitas Small Finance Bank Ltd.

03 May 2021

54.23

-0.04%

Result Update:Equitas Sma. Fin

Buy: Equitas Small Finance Bank...

Target

Axis Direct

We maintain a BUY on the stock and value it at 1.9x FY23E ABV to arrive at a target price of Rs 70, implying an upside of 26% from CMP.

Equitas Small Finance Bank Ltd. has lost -33.74% in the last 1 Year

Equitas Small Finance Bank Ltd.

01 Apr 2021

54.23

-0.04%

Equity Investment Strategy: Axis Top Picks (April - 2021)

Buy: Equitas Small Finance Bank...

Axis Direct

Based on the above themes we recommend the following stocks: ICICI Bank, SBI, Equitas SFB, Federal Bank, Bharti Airtel, HCL Tech, Tech Mahindra, Varun Beverages, Relaxo Footwears, Amber Enterprises, Camlin Fine Science, Minda Industries, Steel Strip Wheels. Lupin & ACC

Equitas Small Finance Bank Ltd. is trading below all available SMAs

Equitas Small Finance Bank Ltd.

15 Mar 2021

54.23

-0.04%

Company Update:Equitas Sma. Fin

Buy: Equitas Small Finance Bank...

Target

Axis Direct

We value EQSFB at 1.9x P/ABV on FY23E ABV and arrive at a target price of Rs 72, implying an upside of 21% from CMP.

Equitas Small Financ.. has an average target of 65.00 from 6 brokers.

Equitas Small Finance Bank Ltd.

02 Feb 2021

54.23

-0.04%

Result Update:Equitas Sma. Fin

Buy: Equitas Small Finance Bank...

Target

Axis Direct

The continued traction in the liability franchise, shift towards a more secured book along with control over opex augur well for the bank. We maintain a BUY on the stock with a target price of Rs. 46. (1.3x FY23E ABV).

Equitas Small Finance Bank Ltd. has lost -33.74% in the last 1 Year

Equitas Small Finance Bank Ltd.

03 Dec 2020

54.23

-0.04%

Initiating Coverage:Equitas Sma. Fin

Buy: Equitas Small Finance Bank...

Axis Direct

Strong non-microfinance led AUM growth, ramp-up in low-cost deposits on the back of a revamped liability strategy, visibility in improvement in ROA/ROE to upwards of 2%/16% resp. in the long term with operating leverage kicking in and an experienced and competent management are key positives.

Equitas Small Finance Bank Ltd. has lost -22.57% in the last 3 Months

Equitas Small Finance Bank Ltd.

20 Oct 2020

54.23

-0.04%

Equitas Small Finance Bank Limited - IPO Note 20102020

IPO Note: Equitas Small Finance Bank...

HDFC Securities

Equitas Small Finance Bank Limited - IPO Note Issue Open: Oct 20 Oct 22, 2020 Price Band: Rs. 32 33 Issue Size: 156,848,485 eq shares (Fresh Issue of 84,848,485 eq sh + Offer for Sale of 72,000,000 eq sh ) Issue Size: Rs. 501.9 517.6 cr Reservation for: QIB Upto 50% eq sh Non Institutional atleast 15% eq sh Retail atleast 35% eq sh Employee Reservation: Rs.1 cr EHL Shareholder Reservation: Rs 51.0 cr Face Value: Rs 10 Book value: Rs 26.47 (June 30, 2020) Bid size: - 450 equity shares and in multiples thereof

Equitas Small Finance Bank Ltd. is trading below all available SMAs

VOTE: Is Equitas Small Finance Bank Ltd. worth buying?

362 Votes:

Buy 83.7%

Sell 6.91%

Hold 9.39%

RESEARCH REPORTS

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