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Buy Ujjivan Financial Services, target Rs 300: CA Rudramurthy

Buy Ujjivan Financial Services Ltd. at a price target of Rs 300.0 and a stoploss at Rs 250 from entry point.

Last Updated: Aug 21, 2019, 08.54 AM IST
CA Rudramurthy of Vachana Investment has a buy call on Ujjivan Financial Services Ltd. with a target price of Rs 300. The current market price of Ujjivan Financial Services Ltd. is Rs 270.65. Time period given by the analyst is Intra Day when Ujjivan Financial Services Ltd. price can reach the defined target. CA Rudramurthy recommended to keep stoploss at Rs 250. Ujjivan Financial Services Ltd., incorporated in 2004, has a market cap of Rs 3285.21 crore.

Ujjivan Financial Services Ltd. key Products/Revenue Segments include for the year ending 31-Mar-2018.

The Bank has reported a Gross Non Performing Assets (Gross NPAs) of Rs .00 Crore (.00 % of total assets) and Net Non Performing Assets (Net NPAs) of Rs .00 Crore (.00% of total assets). For the quarter ended 30-06-2019, the company has reported a Consolidated Interest Income of Rs .00 Crore, unchanged .00 % from last quarter Interest Income of Rs .00 Crore and unchanged .00 % from last year same quarter Interest Income of Rs .00 Crore. The bank has reported net profit after tax of Rs 83.03 Crore in latest quarter.

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