Equitas Small Finance Bank Ltd share price logo

Equitas Small Finance Bank Ltd Share Price (EQUITASBNK)

₹100.552.18%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Equitas Small Finance Bank Ltd share Performance

  • ₹97.85
    ₹100.85
    ₹100.55
    downward going graph

    2.69%

    Low

    Day's Volatility:2.98%

    High

    0.30%

    downward going graph
  • ₹68.15
    ₹116.5
    ₹100.55
    downward going graph

    32.22%

    Low

    52 Weeks Volatility:48.09%

    High

    15.86%

    downward going graph
1 Month Return5.52 %
3 Month Return-8.97 %
1 Year Return43.44 %
Previous Close₹98.40
Open₹98.70
Volume24.69L
Upper Circuit-
Lower Circuit-
Market Cap₹11,169.91Cr

Analyst Rating for Equitas Small Finance Bank Ltd stock

based on 15 analysts

BUY
80.00%
Buy
13.33%
Hold
6.67%
Sell

Based on 15 analysts offering long term price targets for Equitas Small Finance Bank Ltd. An average target of ₹122.07

Source: S&P Global Market Intelligence

Company Information

Equitas Small Finance Bank Limited (ESFBL) is one of the largest small finance banks in India, with a firmly entrenched strategy to focus on providing credit to the unbanked and underbanked micro and small entrepreneurs. Serving individuals with limited access to formal financing channels, micro, small and medium enterprises (MSMEs) and corporates, ESFBL offers a range of asset and liability products and services. From small business loans, microfinance to joint liability groups, commercial vehicle loans and micro enterprise loans, to current accounts, salary accounts, savings accounts and a variety of deposit accounts, and the provison of ATM-cum-debit cards, third party insurance, mutual fund products and issuance of FASTag, ESFBL meets the needs of customers all across 15 States/Union Territories, with 853 locations and 322 ATMs and cash recyclers. In 2021, ESFBL approved a Scheme of Amalgamation between ESFBL and Equitas Holding Limited which led to a raise of Rs. 250 crore through private placement to IIFL AIF - resulting in a 4.51% stake in post-issue paid-up share capital, and Rs. 550 crore raised through a Qualified Institutions Placement QIP - bringing the bank up to Minimum Public Shareholding regulation requirements. These initiatives have allowed ESFBL to provide banking and digital solutions, with transactions through retail internet banking amounting to Rs. 3,802 crores in 2020. This new-age bank is firmly committed to the unbanked and underbanked as it continues to fulfill its purpose of advancing financial inclusion and enabling economic growth in India.

Share Price: ₹100.55 per share as on 23 Apr, 2024 04:01 PM
Market Capitalisation: ₹11,169.91Cr as of today
Listing date: 02 Nov, 2020
Chairperson Name: Arun Ramanathan
OrganisationEquitas Small Finance Bank Ltd
Headquarters
IndustryBanks
E-voting on sharesClick here to vote

Key events for Equitas Small Finance Bank Ltd

  • Motilal Oswal Recommends Buying Equitas Small Finance Bank - 19 Apr, 2024

    Equitas Small Finance Bank is recommended as a buy by Motilal Oswal with a target price of Rs 125 due to its consistent performance and strong loan growth. The bank's FY26E RoA/RoE is estimated at 2.0%/17.3%. For Q3FY24, the bank reported a standalone total income of Rs 1634.27 crore, up 6.10% from last quarter.

  • ICICI Securities Expects Equitas Small Finance Bank to Report 10% YoY Increase in Net Profit - 15 Apr, 2024

    Equitas Small Finance Bank is expected to report a net profit of Rs. 209.6 crore, up 10% YoY and 4% QoQ, according to ICICI Securities' Q4 earnings estimates. The brokerage house also expects the bank's NII to increase by 18% YoY and 6% QoQ to Rs. 832.3 crore, while PPOP is likely to fall by 3% YoY but rise 4% QoQ to Rs. 373.6 crore.

  • Equitas SFB Appoints New Chairman; Gross Advances Improve in Q4FY24 - 05 Apr, 2024

    Equitas Small Finance Bank has received approval for the appointment of Anil Kumar Sharma as Part-time Chairman. The bank's gross advances improved by 23% YoY and 5% QoQ to Rs 34,337 crore during Q4FY24.

  • Equitas Small Finance Bank's Q4 FY24 Deposits Surge 43% - 04 Apr, 2024

    Equitas Small Finance Bank reported a surge of 43% in total deposits to Rs 36,129 crore and an increase of 18.7% in net profit to Rs 202 crore for Q4 FY24. Gross advances grew by 23% to Rs 34,337 crore as on March 31, 2024, compared to the same period last year.

  • Equitas Small Finance Bank Sees End to Earnings Downgrade Cycle - 28 Mar, 2024

    Yes Securities predicts that the ongoing earnings/return on equity downgrade cycle of Equitas Small Finance Bank Ltd. is nearing its conclusion. Meanwhile, Dr. Gulshan Rai has been appointed as an Additional Director (Independent) of the bank.

  • Equitas Small Finance Bank Reports Strong Q3FY24 Results - 25 Mar, 2024

    Equitas Small Finance Bank's revenue from operations grew by 34.43% to Rs. 1,429 Crores in Q3FY24, accompanied by profits of Rs. 202 Crores. Ashish Dhawan holds a 3.57% stake and took a fresh 3.64% stake in the company in March 2023.

Fundamentals of Equitas Small Finance Bank Ltd

Insights on Equitas Small Finance Bank Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, EQUITASBNK has outperformed top 5 stocks with highest market-cap in Banks

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 34.75% to 35.29% in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, State Bank of India has given 127.7% return, outperforming this stock by 35.1%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 19.60% to 19.50% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 38.69% to 38.16% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, EQUITASBNK stock has moved down by -0.2%

Mutual Fund Holdings

Funds Holdings
HDFC Small Cap Fund-Direct Growth OptionHDFC Small Cap Fund-Direct Growth Option2.03%
Franklin India Smaller Companies Fund Direct GrowthFranklin India Smaller Companies Fund Direct Growth3.85%
SBI Long Term Equity Fund Direct GrowthSBI Long Term Equity Fund Direct Growth1.28%
SBI Contra Fund Direct GrowthSBI Contra Fund Direct Growth1.04%
Franklin India Prima Fund Direct GrowthFranklin India Prima Fund Direct Growth2.16%

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
0%
0.00
Foreign Institutions
19.5%
0.00
Mutual Funds
38.16%
0.00
Retail Investors
35.29%
0.00
Others
7.05%
0.00

Technicals of Equitas Small Finance Bank Ltd share

News & Events of Equitas Small Finance Bank Ltd

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Equitas Small Finance Bank Ltd (EQUITASBNK) share price today is ₹100.55

Equitas Small Finance Bank Ltd is listed on NSE

Equitas Small Finance Bank Ltd is listed on BSE

  • Today’s highest price of Equitas Small Finance Bank Ltd is ₹100.85.
  • Today’s lowest price of Equitas Small Finance Bank Ltd is ₹97.85.

Today’s traded volume of Equitas Small Finance Bank Ltd(EQUITASBNK) is 24.69L.

Today’s market capitalisation of Equitas Small Finance Bank Ltd(EQUITASBNK) is ₹11169.91Cr.

Equitas Small Finance Bank Ltd(EQUITASBNKPrice
52 Week High
₹116.5
52 Week Low
₹68.15

Equitas Small Finance Bank Ltd(EQUITASBNK) share price is ₹100.55. It is down -13.69% from its 52 Week High price of ₹116.5

Equitas Small Finance Bank Ltd(EQUITASBNK) share price is ₹100.55. It is up 47.54% from its 52 Week Low price of ₹68.15

Equitas Small Finance Bank Ltd(EQUITASBNKReturns
1 Day Returns
2.15%
1 Month Returns
5.52%
3 Month Returns
-8.97%
1 Year Returns
43.44%