Sell Equitas Holdings, price target Rs 100: Kunal Bothra

Kunal Bothra of Independent Analyst has a sell call on Equitas Holdings Ltd. with a target price of Rs 100.0 . The current price of Equitas Holdings Ltd. is Rs 108.45 . Kunal Bothra recommended to keep a stoploss at Rs 113 .

Equitas Holdings Ltd., incorporated in the year 2007, is a banking company (having a market cap of Rs 3779.88 Crore).

Equitas Holdings Ltd. key Products/Revenue Segments include Interest which contributed Rs 13.89 Crore to Sales Value (67.24 % of Total Sales), Other Services which contributed Rs 4.61 Crore to Sales Value (22.32 % of Total Sales) and Rental Income which contributed Rs 2.15 Crore to Sales Value (10.42 % of Total Sales)for the year ending 31-Mar-2019.


The Bank has reported a Gross Non Performing Assets (Gross NPAs) of Rs .00 Crore (.00 % of total assets) and Net Non Performing Assets (Net NPAs) of Rs .00 Crore (.00% of total assets).

For the quarter ended 30-09-2019, the company has reported a Consolidated Interest Income of Rs .00 Crore, unchanged .00 % from last quarter Interest Income of Rs .00 Crore and unchanged .00 % from last year same quarter Interest Income of Rs .00 Crore. The bank has reported net profit after tax of Rs 41.25 Crore in latest quarter.