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HomeSHARE MARKET₹44 Golden Share; Buy It For Huge Earnings; 85% Return Given; Know...

₹44 Golden Share; Buy It For Huge Earnings; 85% Return Given; Know Share Price Target

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Banking Stocks to Buy: The share of Ujjivan Small Finance Bank Ltd (NSE: UJJIVANSFB), a small-cap share of the banking sector, is looking attractive for buying after the recent correction. Banking shares fell by more than 1 percent in early trade on Wednesday (27 March). 

House of Brokerage has advised buying Ujjivan SFB. In the last year, the stock has shown a strong rise of about 85 percent. The brokerage believes that this stock seems poised for strong growth.

Ujjivan SFB: Price Will Go Up To ₹65

Brokerage has maintained a buy advisory on banking stock Ujjivan SFB. The targeted price per share was set at 65 rupees.

On the 26th of March 2024, the price of the share ended at Rs. 46. In this manner, the stock can show an incredibly high rise of approximately 41 percent from its current price.

Over the last 12 months, the stock has provided an impressive return of approximately 85 percent to those who invested. Whereas in 2 years the stock has given a strong return of 180 percent. 

This share has corrected significantly in the recent correction of the market. The stock has dropped around 21 percent to date this year.

Ujjivan SFB: What Is The Brokerage’s Opinion?

The Brokerage recently spoke with Ujjivan SFB Management. There are indications of continued strength in microfinance loans. 

Management has a cautious attitude regarding the near term. However, apart from microfinance, loan growth will be strong and the bank has set a target of increasing its share to 40 percent by the financial year 2026.

The bank has increased TD rates by 50 bps in 4QFY24. This may increase the cost of funds in the next two quarters. 

However, the re-pricing of loans can help improve the 4QFY24 NIM (maintained the FY24 forecast of 9 percent). After this, there is a possibility of softening in NIM (Net Interest Margin). 

Asset quality is good and management expects a RoE of 22 percent. The share has corrected about 27 percent from its 52-week high of Rs 63. In such a scenario it is a good idea to consider the price.

About Ujjivan Small Finance Bank Ltd 

The Company is divided into three segments: Retail Banking, Corporate/Wholesale Segments, and Treasury.

The Treasury segment is made up of the net interest earned from the Company’s investment portfolio.

It also includes money market borrowing, lending, gains and losses from Investment operations, and income from selling priority sector lending certificates (PSLC). 

Retail Banking is a segment that serves retail customers via a branch network or other delivery channels. 

Retail Banking is the lending and depositing of retail customers. Wholesale Banking provides loans to Corporates and Financial Institutions. 

Asset products include loans for its micro-banking customers, including group and individual loans. 

These loans are available in the form of housing loans, group and individual loans for financial institutions, vehicle loans, and loans related to agriculture.

It offers savings, current, and deposit accounts.

Fundamental Analysis of Ujjivan Small Finance Bank Ltd

Market Cap₹ 8,775 Cr.
Current Price₹ 44.8
52-wk High₹ 63.0 
52-wk Low₹ 24.4
Stock P/E6.97
Book Value₹ 20.5
Dividend2.77 %
ROCE10.6 %
ROE33.3 %
Face Value₹ 10.0
P/B Value2.23
OPM57.5 %
EPS₹ 6.45
Debt₹ 28,179 Cr.
Debt to Equity7.08

Ujjivan Small Finance Bank Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹ 67₹ 90
2025₹ 92₹ 112
2026₹ 115₹ 124
2027₹ 134₹ 145
2028₹ 194₹ 228
2029₹ 234₹ 267
2030₹ 270₹ 322
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Ujjivan Small Finance Bank Ltd Shareholding Pattern

Promoters Holding
Dec 202273.68%
Mar 202373.67%
June 202373.67%
Sept 202373.66%
Dec 202373.60%
FII Holding
Dec 20222.29%
Mar 20231.96%
June 20233.90%
Sept 20233.54%
Dec 20233.70%
DII Holding
Dec 20228.21%
Mar 20238.35%
June 20237.07%
Sept 20234.21%
Dec 20233.99%
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Public Holding
Dec 202215.83%
Mar 202316.00%
June 202315.35%
Sept 202318.59%
Dec 202318.72%

Ujjivan Small Finance Bank Ltd Share: Last 5 Years’ Financial Condition

To better understand how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 1,832 Cr
2020₹ 2,704 Cr
2021₹ 2,806 Cr
2022₹ 2,813 Cr
2023₹ 5,333 Cr

Last 5 Years’ Net Profit:

2019₹ 199 Cr
2020₹ 350 Cr
2021₹ 8 Cr
2022₹ -415 Cr
2023₹ 1,261 Cr
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Last 10 Years’ Profit Growth:

10 Years:42%
5 Years:176%
3 Years:46%
Current Year:38%

Last 10 years’ Return on Equity (ROE):

10 Years:
5 Years:10%
3 Years:8%
Last Year:33%

Sales Growth Over 10 Years:

10 Years:34%
5 Years:23%
3 Years:15%
Current Year:40%

Conclusion

This article is a complete guide about Ujjivan Small Finance Bank Ltd Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses. 

Also, We have discussed the share’s prospects and growth potential in detail.

This information will help you in your further investment. 

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