Something about the business performance of Ujjivan SFB keeps getting me to be optimistic about it... however the market is wary of its largely unsecured lending book but the NIMs, capital adequacy ratios, investments in book etc. seems to me that it is in a strong spot currently..
In about a fortnight it will release its Q4 business highlights.. looking at the monthly charts which is still about a week early, the share price is interestingly poised pulling back from its highs to be precariously balancing at the downward sloping trendline.. the pain in he share price may linger for another month or could dissipate earlier as the street gets ready to receive its Q4 results