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Sell Ujjivan Financial Services, target Rs 210: Dr CK Narayan

Sell Ujjivan Financial Services Ltd. at a price target of Rs 210.0 and a stoploss at Rs 222 from entry point.

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Last Updated: Nov 21, 2018, 09.02 AM IST
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Dr CK Narayan of Chart Advise has a sell call on Ujjivan Financial Services Ltd. with a target price of Rs 210. The current market price of Ujjivan Financial Services Ltd. is Rs 217.25. Time period given by the analyst is Intra Day when Ujjivan Financial Services Ltd. price can reach the defined target. Dr CK Narayan recommended to keep stoploss at Rs 222.

Ujjivan Financial Services Ltd., incorporated in 2004, is a midcap company with a market cap of Rs 2630.61 crore.
Ujjivan Financial Services Ltd. key Products/Revenue Segments include for the year ending 31-Mar-2018.

For the quarter ended 30-09-2018, the company has reported a Consolidated sales of Rs 429.40 Crore, up 6.37 % from last quarter Sales of Rs 403.70 Crore and up 26.57 % from last year same quarter Sales of Rs 339.27 Crore Company has reported net profit after tax of Rs 44.30 Crore in latest quarter. The company’s top management includes Mr.Abhijit Sen, Mr.Amit Gupta, Mr.Jayanta Basu, Mr.K R Ramamoorthy, Mrs.Sudha Suresh, Ms.Vandana Viswanathan. Company has Price Waterhouse Chartered Accountants LLP as its auditoRs As on 30-09-2018, the company has a total of 121,019,845 shares outstanding.

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