Shares of Ujjivan Small Finance Bank gain 1%

New Delhi: Shares of Ujjivan Small Finance Bank traded 0.79 per cent up in Tuesday's trade at 09:33 am. Around 1,48,335 shares changed hands on the counter. The stock opened at Rs 26.0 and touched an intraday high and low of Rs 27.4 and Rs 25.5, respectively, in the session so far.

Ujjivan SFB said its independent director Luis Miranda has resigned from its board to abide by conflict of interest norms.

The stock quoted a 52-week high of Rs 62.8 and a 52-week low of Rs 25.25.


Financials
Ujjivan Small Finance Bank, incorporated in the year 2016, is a banking company (having a market cap of Rs 4415.61 crore).

For the quarter ended Dec 2019, the company reported net sales of Rs 666.47 crore and net profit of Rs 89.66 crore.

The Bank has reported a Gross Non Performing Assets (Gross NPAs) of Rs 129.45 crore and Net Non Performing Assets (Net NPAs) of Rs 51.49 crore.

Ujjivan Small Finance Bank key products/revenue segments include interest & discount on advances & bills which contributed Rs 1728.49 crore to sales value (94.36 per cent of total sales), income from investment which contributed Rs 93.10 crore to sales value (5.08 per cent of total sales) and others which contributed Rs 7.59 crore to sales value (0.41 per cent of total sales)for the year ending 31-mar-2019.

Promoters holding
Promoters held 83.3247 per cent stake in the company as of Dec 2019.

Valuation ratio
It quoted a price-to-earnings ratio of 13.63 and price to book value of 2.26.