Ujjivan Financial Services Ltd
UJJIVAN

435.90

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

433.50

Open ()
Turnover (lac)
Prev. Close ()
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Buy
Reco. Price
Rs 423.50
We recommend BUY based on continuous growth and accrual of benefits with transition to SFB. The resultant business growth is expected to allow resilience in earnings against the short-term impact of transition costs and demonetization. The current FY18E P/B of 2.4x offers an attractive upside opportunity. (Target Price -Rs. 499.2)
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50 DMA (.)
363.54
100 DMA (.)
384.73
200 DMA (.)
0.00
Weekly Range (.)
426.60
448.00
Monthly Range (.)
347.60
451.70
52 Weeks Range (.)
216.65
547.50
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