BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Short (1M)
Nomura Recommends 'Reduce' On Ujjivan Financial Services
According to Nomura, given the weak liability strategy and higher execution risks in new asset segments, Ujjivan Financial Services is expected to have a weaker return on assets (RoA) profile in comparison to Equitas. The brokerage also sees limited potential for digital initiatives in the customer segment in which Ujjivan operates.