Ujjivan SFB Loans Grow 32% as Secured Lending Expands
Ujjivan Small Finance Bank reported second-quarter FY27 profit growth, supported by revenue momentum, while secured lending expanded. Elara Securities retained its Buy rating and Rs 87 target price.
Brokerage Elara Securities retains its Buy rating with an Rs 87 target price, implying 38% upside, as improving asset quality and lower credit costs support earnings prospectsUjjivan Small Finance Bank reported a sharp rise in second-quarter FY27 profit, supported by strong revenue momentum, loan g…