India's Ujjivan Small Finance Bank rises on quarterly gain in deposits, loans

Ujjivan Small Finance Bank

04/01/2024 04:39

** Shares of Ujjivan Small Finance Bank  UJJI.NS  up 3.5% to
58.85 rupees 
    ** Bank reported 29% yoy jump in Oct-Dec qtr deposits, 27%
rise in gross loan book
    ** Co is trading above its 200-day simple moving avg since
March 
    ** Stock sees busiest trading day since mid Dec.
    ** About 12.5 mln shares traded, 1.2 times the 30-day avg
    ** Co gained ~96% in 2023, highest yearly gains ever 
    ** Stock gained ~5% in the Dec. qtr, vs ~30% gains in the
qtr a year earlier 
    


 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))