Banks
Banks - Small Finance
from 65 today
We maintain our BUY recommendation on the stock with an unchanged target price of Rs 86/share, implying an upside of 32% from the CMP, as the leadership transition is not expected to alter the bank's near-term strategic priorities or FY27 operating trajectory.
Ujjivan SFB's incumbent MD has requested an early retirement due to health concerns, with Carol Furtado appointed as interim MD & CEO. Management maintains its FY27 guidance, supported by strong second-line management and favourable industry tailwinds, leading to an unchanged BUY rating with a target price of INR 90.
Ratings and target prices as published by each firm. Each summary condenses that firm's stated view in its own note and is attributed to it; no report text is reproduced.
