Ujjivan Small Finance Bank’s rally remains unassailable as stock gains 22% in 6 sessions

August 1, 2023

Following Ujjivan’s earnings, several top brokerages recommended a ‘Buy’ stance on the counter. While Emkay retained its buy rating on for a target price of Rs 58, HDFC Securities has an ‘Add’ recommendation for a target of Rs 50. ICICI Securities was most bullish in terms of targets and pegged it at Rs 60.

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