Equitas Small Finance Bank Ltd., incorporated in the year 1993, is a banking company (having a market cap of Rs 6763.77 Crore).
Equitas Small Finance Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment and Interest On Balances with RBI and Other Inter-Bank Funds for the year ending 31-Mar-2021.
For the quarter ended 31-12-2021, the company reported a Standalone Total Income of Rs 1035.01 Crore, up 4.40 % from last quarter Total Income of Rs 991.40 Crore and up 3.14 % from last year same quarter Total Income of Rs 1003.54 Crore. The bank reported net profit after tax of Rs 108.10 Crore in latest quarter.
With the post-multi-month downtrend, the stock rebounded swiftly in the recent past. Recent consolidation above levels of 51 seems to be in a mature phase. Hence sustenance could lift the stock above 60 zones.
Promoters held 81.36 per cent stake in the company as of 31-Dec-2021, while FIIs owned 2.1 per cent, DIIs 11.41 per cent.
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