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Sell Ujjivan Financial Services, target Rs 265: Kunal Bothra

Sell Ujjivan Financial Services Ltd. at a price target of Rs 265.0 and a stoploss at Rs 280 from entry point.

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Last Updated: Jul 09, 2019, 09.07 AM IST
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Independent analyst Kunal Bothra has a sell call on Ujjivan Financial Services Ltd. with a target price of Rs 265. The current market price of Ujjivan Financial Services Ltd. is Rs 273.7. Time period given by the analyst is Intra Day when Ujjivan Financial Services Ltd. price can reach the defined target. Kunal Bothra recommended to keep stoploss at Rs 280. Ujjivan Financial Services Ltd., incorporated in 2004, has a market cap of Rs 3322.23 crore.
Ujjivan Financial Services Ltd. key Products/Revenue Segments include for the year ending 31-Mar-2018.

For the quarter ended 31-03-2019, the company has reported a Consolidated sales of Rs 649.48 Crore, up 38.07 % from last quarter Sales of Rs 470.40 Crore and up 53.68 % from last year same quarter Sales of Rs 422.62 Crore Company has reported net profit after tax of Rs 15.94 Crore in latest quarter. The company’s top management includes Mr.Abhijit Sen, Mr.Amit Gupta, Mr.Anand Narayan, 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 31-03-2019, the company has a total of 121,166,697 shares outstanding.

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