Ujjivan Small Finance Bank Faces Mixed Financial Trends Amid Evaluation Adjustment

Ujjivan Small Finance Bank has recently undergone an evaluation adjustment, reflecting a revision in its score. This adjustment is attributed to various underlying trends and events that have shaped the bank's current market position.
The bank has demonstrated a notable long-term fundamental strength, highlighted by a Tier 1 Capital Adequacy Ratio of 0%, which indicates robust due diligence systems in its lending practices. Additionally, Ujjivan Small Finance Bank has reported a significant annual growth rate in Net Interest Income of 27.32% and a net profit growth of 31.63%.

However, the bank's recent financial performance has shown challenges, with a reported decline in profits over the last two quarters. The Gross Non-Performing Assets (NPA) have reached a high of 2.68%, and the bank has faced negative results in consecutive quarters. Despite these hurdles, the stock maintains a high dividend yield of 3.4% and has seen an increase in institutional holdings, which now stand at 27.98%.

The technical trend has shifted to a sideways movement, indicating a lack of clear price momentum. This adjustment in evaluation reflects the complex interplay of these factors affecting Ujjivan Small Finance Bank's market dynamics.

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