|
16 Sep 2025 |
Equitas Small Finance Bank
|
Consensus Share Price Target
|
56.61 |
66.94 |
- |
18.25 |
buy
|
|
|
|
|
07 Dec 2022
|
Equitas Small Finance Bank
|
ICICI Securities Limited
|
56.61
|
70.00
|
59.10
(-4.21%)
|
Target met |
Buy
|
|
|
In its >5 year-journey as a ‘small finance bank’, including 2 covid-impacted years, Equitas SFB remained committed to building a scalable, sustainable and stable franchise with focus on granularity and geographic diversification.
|
|
03 Nov 2022
|
Equitas Small Finance Bank
|
Geojit BNP Paribas
|
56.61
|
57.00
|
49.95
(13.33%)
|
Target met |
Accumulate
|
|
|
|
|
02 Nov 2022
|
Equitas Small Finance Bank
|
ICICI Securities Limited
|
56.61
|
70.00
|
49.55
(14.25%)
|
Target met |
Buy
|
|
|
Equitas SFB’s (Equitas) Q2FY23 financial performance was mixed with steady topline growth.
|
|
02 Nov 2022
|
Equitas Small Finance Bank
|
Axis Direct
|
56.61
|
60.00
|
49.55
(14.25%)
|
Target met |
Buy
|
|
|
We maintain our BUY recommendation on the stock with a target price of Rs 60 (1.5x FY24E ABV), implying an upside of 18% from the CMP.
|
|
16 Aug 2022
|
Equitas Small Finance Bank
|
Geojit BNP Paribas
|
56.61
|
52.00
|
43.90
(28.95%)
|
Target met |
Buy
|
|
|
|
|
23 May 2022
|
Equitas Small Finance Bank
|
Axis Direct
|
56.61
|
69.00
|
47.90
(18.18%)
|
Target met |
Buy
|
|
|
We maintain a BUY rating on the stock and value it at 27x FY24E P/E to arrive at a target price of Rs 1,580, implying an upside of 27% from CMP.
|
|
07 May 2022
|
Equitas Small Finance Bank
|
Emkay
|
56.61
|
75.00
|
54.70
(3.49%)
|
Target met |
Buy
|
|
|
|
|
06 May 2022
|
Equitas Small Finance Bank
|
Axis Direct
|
56.61
|
77.00
|
54.30
(4.25%)
|
Target met |
Buy
|
|
|
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.
|
|
01 Feb 2022
|
Equitas Small Finance Bank
|
Axis Direct
|
56.61
|
77.00
|
55.75
(1.54%)
|
|
Buy
|
|
|
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.
|
|
11 Oct 2021
|
Equitas Small Finance Bank
|
Axis Direct
|
56.61
|
76.00
|
68.65
(-17.54%)
|
|
Buy
|
|
|
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.
|