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Sell Ujjivan Financial Services, price target Rs 310: Chandan Taparia

The analyst suggested a stoploss at Rs 340 .

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Last Updated: Jan 21, 2020, 09.10 AM IST
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Chandan Taparia of Motilal Oswal Securities has a sell call on Ujjivan Financial Services Ltd. with a target price of Rs 310.0 . The current price of Ujjivan Financial Services Ltd. is Rs 330.55 Time period given by the analyst is Intra Day when Ujjivan Financial Services Ltd. price can reach defined target. . Chandan Taparia recommended to keep a stoploss at Rs 340 .

Ujjivan Financial Services Ltd., incorporated in 2004, has a market cap of Rs 4018.41 crore.
Ujjivan Financial Services Ltd. key Products/Revenue Segments include Dividend which contributed Rs 22.00 Crore to Sales Value (100.00 % of Total Sales)for the year ending 31-Mar-2019.

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 30-09-2019, the company has reported a Consolidated Interest Income of Rs .00 Crore, unchanged .00 % from last quarter Interest Income of Rs Crore and unchanged .00 % from last year same quarter Interest Income of Rs Crore. The bank has reported net profit after tax of Rs 63.23 Crore in latest quarter.

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