Ujjivan Small Finance Bank hits 52-week high on robust Q2 update

Shares of Ujjivan Small Finance Bank have been riding high in recent months, having delivered around 96 percent returns year-to-date.

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26 Aug, 2025 12:21

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Ujjivan Small Finance Bank surged more than 6 percent in the early trade to hit a fresh 52-week high of Rs 60.40 on October 6 after a robust quarterly update marked by strong loan growth and improved asset quality.

The lender's total deposits grew 43 percent on year to Rs 29,134 crore in the  July-September quarter, while sequentially, they were up 9 percent. Advances also rose 27 percent on year and 5 percent on quarter to Rs 26,600 crore.

Disbursements were up 18 percent year on year (YoY) at Rs 5,749 crore in the quarter gone by. On a sequential basis, they rose 9 percent.

The lender's asset quality also improved, as gross non-performing assets (NPAs) fell to 2.2 percent from 2.4 percent in the previous quarter. Gross NPAs stood at 4.4 percent in the same quarter of the previous fiscal.

The robust update fueled hopes of a strong performance from the lender in the upcoming earnings season, triggering a spike in the stock.

At 10.12 am, Ujjivan Small Finance Bank was trading at Rs 60.05 on the National Stock Exchange, 5.5 percent higher from the previous close.

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The stock has been riding high in recent months, having delivered around 96 percent returns this year. It also scaled a 52-week high in the previous session as well.

Aside from a significant improvement in the quality and profits in the past few quarters, the impending merger of Ujjivan Small Finance Bank and Ujjivan Financial Services, announced in October 2022, has been fueling gains in the counter.

Under the announced swap ratio, a shareholder in Ujjivan Financial Services will get 11.6 shares of Ujjivan Small Finance Bank. While the merger and share swap ratio was approved in October last year, the Extraordinary General Meeting for shareholder approval is due November 3.

Also Read | Ujjivan Small Finance: 18% guaranteed return, but no takers. Why?

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