Ujjivan Small Finance Bank jumps on reporting net profit of Rs 293.19 crore in Q3
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Ujjivan Small Finance Bank is currently trading at Rs. 29.45, up by 0.75 points or 2.61% from its previous closing of Rs. 28.70 on the BSE.
The scrip opened at Rs. 28.15 and has touched a high and low of Rs. 30.90 and Rs. 28.10 respectively. So far 3065434 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 33.50 on 14-Dec-2022 and a 52 week low of Rs. 13.50 on 23-Jun-2022.
Last one week high and low of the scrip stood at Rs. 30.90 and Rs. 26.70 respectively. The current market cap of the company is Rs. 5736.47 crore.
The promoters holding in the company stood at 73.68%, while Institutions and Non-Institutions held 10.50% and 15.83% respectively.
Ujjivan Small Finance Bank (USFB) has reported results for third quarter ended December 31, 2022.
The Bank has reported net profit at Rs 293.19 crore for Q3FY23 as compared to net loss of Rs 33.83 crore for the corresponding quarter previous year. Total income of the Bank increased by 50.38% to Rs 1220.54 crore for the quarter under review as compared to Rs 811.66 crore for the same quarter in the previous year.
Ujjivan Small Finance Bank (USFB) offers small finance to underserved & unserved segments in India. The bank aims to work for the financial inclusion of the country.
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