Equitas Small Finance Bank - On Radar
#equitasbnk
CMP : ₹.100.3/-
Equitas Small Finance Bank is an Indian based banking company. Recently company reported a stellar quarter results with a growth of 70.2% net profit. Net interest income increased 765 registered a net interest margin of 8.63% which is one of the industry best. Revenue and profit has been increasing for the last few quarters.Npa also decreasing. Stock is now at its 52 week high with significant volumes. Technically also it's looking good. It is now moving through an upward parallel channel. Have a resistance at 110 - 115 levels. Expecting a 100% growth from this level in short medium term.
Disclaimer : Post only for educational purpose. Not a buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own analysis and act accordingly .
CMP : ₹.100.3/-
Equitas Small Finance Bank is an Indian based banking company. Recently company reported a stellar quarter results with a growth of 70.2% net profit. Net interest income increased 765 registered a net interest margin of 8.63% which is one of the industry best. Revenue and profit has been increasing for the last few quarters.Npa also decreasing. Stock is now at its 52 week high with significant volumes. Technically also it's looking good. It is now moving through an upward parallel channel. Have a resistance at 110 - 115 levels. Expecting a 100% growth from this level in short medium term.
Disclaimer : Post only for educational purpose. Not a buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own analysis and act accordingly .
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