Ujjivan Small Finance Bank spurts on reporting 60% rise in Q1 net profit
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Ujjivan Small Finance Bank is currently trading at Rs. 44.98, up by 0.88 points or 2.00% from its previous closing of Rs. 44.10 on the BSE.
The scrip opened at Rs. 44.50 and has touched a high and low of Rs. 45.45 and Rs. 44.28 respectively. So far 1258732 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 44.45 on 28-Jul-2023 and a 52 week low of Rs. 18.80 on 29-Jul-2022.
Last one week high and low of the scrip stood at Rs. 45.45 and Rs. 42.42 respectively. The current market cap of the company is Rs. 8845.72 crore.
The promoters holding in the company stood at 73.67%, while Institutions and Non-Institutions held 10.97% and 15.36% respectively.
Ujjivan Small Finance Bank has reported 59.69% rise in its net profit at Rs 324.07 crore for first quarter ended June 30, 2023 as compared to Rs 202.94 crore for the same quarter in the previous year. Total income of the bank increased by 42.16% at Rs 1,464.10 crore for Q1FY24 as compared Rs 1,029.92 crore for the corresponding quarter 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.
