Buy Ujjivan Financial Services, target price Rs 717: HDFC Securities

HDFC Securities has buy call on Ujjivan Financial Services with a target price of Rs 717. The current market price of Ujjivan Financial Services is Rs 556.4.

Ujjivan Financial Services Ltd., incorporated in the year 2004, is a Mid Cap company (having a market cap of Rs 6667.64 Crore) operating in Holding Company sector.

Ujjivan Financial Services Ltd. key Products/Revenue Segments include Dividend for the year ending 31-Mar-2023.



Financials
For the quarter ended 31-12-2023, the company reported a Consolidated Total Income of Rs 1634.61 Crore, up 4.91 % from last quarter Total Income of Rs 1558.18 Crore and up 36.86 % from last year same quarter Total Income of Rs 1194.34 Crore. Company reported net profit after tax of Rs 281.49 Crore in latest quarter.



Promoter/FII Holdings
Promoters held 0 per cent stake in the company as of 31-Dec-2023, while FIIs owned 34.98 per cent, DIIs 7.44 per cent.