India's Ujjivan Small Finance Bank rises after Q1 profit more than triples
24/07/2026 05:31
BUZZ-India's Ujjivan Small Finance Bank rises after Q1 profit more than triples ** Shares of Ujjivan Small Finance Bank UJJI.NS rise 4% to 71.5 rupees
** Private lender's Q1 PAT more than triples Y/Y driven by healthy loan growth and resilient margins
** Bank's increasing product penetration across branches should lead to higher growth ahead, HSBC says; retains "buy," raises PT to 83 rupees, from 72 rupees
** Ujjivan demonstrating strong execution on portfolio diversification, with strengthening asset quality and resilient margins, Ambit Capital says; maintains "buy," raises PT to 82 rupees from 72 rupees
** Stock rated "strong buy" on avg by 18 analsysts; median PT 82.5 rupees - data compiled by LSEG
** Stock up 30% YTD
(Reporting by Aleef Jahan in Bengaluru)
Recent news on Ujjivan Small Finance Bank
See all newsStreet View: Ujjivan Small Finance Bank's quarterly beat lifts outlook
Brief: Ujjivan Small Finance Bank Q2 Net Profit 3.65 Billion Rupees
Brief: Ujjivan Small Finance Bank Executes Subscription Agreement Between Bank And International Finance Corporation
Brief: Ujjivan Small Finance Bank Board To Consider Fund Raising Via Preferential Equity Issue
India's Ujjivan Small Finance Bank rises after quarterly deposits jump