Emkay Global Financial Recommends Buying Ujjivan Small Finance Bank, Sets Rs 90 Target

Emkay's report says Ujjivan SFB's 2QFY27 PAT rose 200% year over year and 15.3% quarter over quarter to Rs3.65bn, exceeding its and consensus estimates by 13% and 19%. AUM grew 32% year over year to Rs457b.