Buy Ujjivan Small Finance Bank, target price Rs 54: Hem Securities

Hem Securities has buy call on Ujjivan Small Finance Bank Ltd. with a target price of Rs 54. The current market price of Ujjivan Small Finance Bank Ltd. is Rs 46.25.

Ujjivan Small Finance Bank Ltd., incorporated in the year 2016, is a banking company (having a market cap of Rs 8990.31 Crore).

Ujjivan Small Finance Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest and Interest On Balances with RBI and Other Inter-Bank Funds for the year ending 31-Mar-2023.



Financials
The Bank has reported Standalone Non Performing Assets (Gross NPAs) at .00 % of total assets and Standalone Net Non Performing Assets (Net NPAs) at .00% of total assets for the quarter ending #LatestQuarterDate.


Promoter/FII Holdings
Promoters held 73.6 per cent stake in the company as of 31-Dec-2023, while FIIs owned 3.7 per cent, DIIs 3.99 per cent.