With a pan-India presence and relatively high-yielding book, they remain attractive candidates for mergers and acquisitions by relatively larger entities.
Centrum recommended hold rating on Ujjivan Financial with a target price of Rs 430 in its research report dated May 14, 2018.
Stock prices have already taken cognisance of the positive changes. However, acceleration in earnings going forward or any inorganic development along with probable re-rating of valuation multiples make Equitas and Ujjivan worth exploring for the long-term.
Reliance Securities is bullish on Ujjivan Financial Services has recommended buy rating on the stock with a target price of Rs 457 in its research report dated January 16, 2018.
Centrum recommended hold rating on Ujjivan Financial Services with a target price of Rs 370 in its research report dated November 06, 2017.
Axis Direct is bullish on Ujjivan Financial Services has recommended buy rating on the stock with a target price of Rs 400 in its research report dated November 08, 2017.
What’s the way forward – struggle and put up with the pain or get merged with a “big boy” as one of their peers is contemplating?
Geojit Research is bullish on Ujjivan Financial Services has recommended buy rating on the stock with a target price of Rs 391 in its research report dated August 09, 2017.
Geojit Financial Services is bullish on Ujjivan Financial Services has recommended buy rating on the stock with a target price of Rs 415 in its research report dated May 11, 2017.
Geojit Financial Services is bullish on Ujjivan Financial Services has recommended buy rating on the stock with a target price of Rs 415 in its research report dated May 11, 2017.
Axis Direct is bullish on Ujjivan Financial Services has recommended buy rating on the stock with a target price of Rs 470 in its research report dated May 04, 2017.
Centrum recommended hold rating on Ujjivan Financial Services with a target price of Rs 390 in its research report dated January 21, 2017.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his reading and outlook on the market and also gave recommendations on various stocks.