
Ujjivan Financial stock hits 52-wk high; doubles in 6 months
Ujjivan Financial Services' shares gained 10% to hit a 52-week high of ₹202.35 in intraday trade on the BSE on Wednesday.
Ujjivan Financial Services' shares gained 10% to hit a 52-week high of ₹202.35 in intraday trade on the BSE on Wednesday.
The lender’s shares list at a premium of 57% over the issue price of ₹37 per share on the BSE Sensex on Thursday.
In the next seven years, Ujjivan Small Finance Bank is looking to serve 40 million customers up from 4 million at present, says CEO and MD Ghosh.
As Ujjivan founder Samit Ghosh prepares to exit office in November, the 69-year-old former Citibank executive is on the lookout for a successor.