India's Jana Small Finance Bank hits all-time high on strong Q4 results

AU Small Finance Bank

30/04/2024 05:34

** Shares of Jana Small Finance Bank  JANA.NS  rise as much
as 15.4% to hit all-time high of 577.20 rupees; last up 12.9%
    ** Co posts nearly four-fold surge in Q4 profit, helped by
strong loan growth and improved asset quality
    ** Stock up nearly 41% since making market debut in February
    ** JANA has outperformed other small finance bank rivals; AU
Small Finance Bank  AUFI.NS , Ujjivan Small Finance Bank
 UJJI.NS , Equitas Small Finance Bank  EQUI.NS  which are down
between 19%-5% YTD

 (Reporting by Sethuraman NR in Bengaluru)
 ((Sethuraman.NR@thomsonreuters.com; (+91 9945291420); Reuters
Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net))