DSIJ Mindshare

Stock below Rs 20: This small-cap private bank stock zooms over 40 per cent; keep it on your radar!

The stock has jumped more than 40 per cent from the lows of October 17 and with this strong move, it recorded its fresh 52-week high.   

Karan Dsij 6 46513 Article rating: 3.9

During Q2FY23, the bank logged the highest-ever quarterly net interest income and PBT due to an overall improvement in CASA, net interest income, and reduced provisions (excluding tax). Further, the bank was able to beef up the capital-to-risk-weighted asset ratio (CRAR) to a level of 16.04 per cent from 15.74 per cent on a YoY basis.   

Ujjivan SFB spurts 5 per cent after Q2 business update; Sunil Singhanias fund allocated 1.9 crore shares in QIP!

As the bank has crossed the landmark of Rs 20,000 crore with both the advances and deposits, showing strong growth, the icing on the cake is Abakkus Growth Fund-2,

Karan Dsij 2 1047 Article rating: 4.1

Can this small finance bank offer a bundle of surprises to its shareholders and earn a tag of small size but big bang in performance?

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