Buy Utkarsh Small Finance Bank, target price Rs 70: ICICI Securities

ICICI Securities has buy call on Utkarsh Small Finance Bank with a target price of Rs 70. The current market price of Utkarsh Small Finance Bank is Rs 58.4. Utkarsh Small Finance Bank Ltd., incorporated in the year 2016, is a banking company (having a market cap of Rs 6430.24 Crore).

Utkarsh Small Finance Bank Ltd. key Products/Revenue Segments include for the year ending .



Financials
For the quarter ended 31-03-2024, the company reported a Standalone Total Income of Rs 1016.30 Crore, up 14.37 % from last quarter Total Income of Rs 888.64 Crore and up 33.68 % from last year same quarter Total Income of Rs 760.26 Crore. The bank reported net profit after tax of Rs 159.66 Crore in latest quarter.