Hold Utkarsh SFB., target price Rs 26: ICICI Securities
ICICI Securities has a hold call on Utkarsh Small Finance Bank with a target price of Rs 26.The current market price of Utkarsh Small Finance Bank is Rs 27.1. Utkarsh Small Finance Bank, incorporated in 2016, is a banking company with a market cap of Rs 2970.82 crore.
Utkarsh SFB, key products/revenue segments include Interest & Discount on Advances & Bills, Income From Investment, Interest On Balances with RBI and Other Inter-Bank Funds and Interest for the year ending 31-Mar-2024.
Financials
For the quarter ended 31-12-2024, the company has reported a Standalone Total Income of Rs 1037.92 crore, down -4.74% from last quarter Total Income of Rs 1089.54 crore and up 16.80% from last year same quarter Total Income of Rs 888.64 crore….
