Suryoday Small Finance Bank Ltd share price logo

Suryoday Small Finance Bank Ltd (SURYODAY)

₹181.511.14%

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Overview
News
Financials
Q3 '23 Results
Technicals

Analyst Rating

based on 1 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 1 analysts offering long term price targets for Suryoday Small Finance Bank Ltd. An average target of ₹274

Source: S&P Global Market Intelligence

Suryoday Small Finance Bank Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹181.25
    ₹185.69
  • 52 Week's Low

    52 Week's High

    ₹142.3
    ₹217.7
1 Month Return-10.17 %
3 Month Return-3.22 %
1 Year Return+ 7.59 %
Previous Close₹183.60
Open₹184.50
Volume3.28L
Upper Circuit-
Lower Circuit-
Market Cap₹1,950.53Cr

Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹1,950.53 Cr
P/B Ratio0.64
EPS0

Mutual Fund Holdings

Funds HoldingsPrev. 6M
Axis Small Cap Fund Direct GrowthAxis Small Cap Fund Direct Growth0.24%
ITI Banking and Financial Services Fund Direct GrowthITI Banking and Financial Services Fund Direct Growth1.39%
Axis Equity Hybrid Fund Direct GrowthAxis Equity Hybrid Fund Direct Growth0.05%

Company Information

Suryoday Small Finance Bank was incorporated in 2008 and gained inprinciple and final RBI approval in 2015 and 2016 respectively to establish a small finance bank. By 2017, it had become a fully operational bank, opening 556 banking outlets across 13 Indian states and UTs. It primarily provides microcredit to financially disadvantaged women using the Joint Liability Groups model and also offers affordable home loans, commercial vehicle finance and SME NBFC funding. In the FY2017, it raised Rs 289.27 crore which gave it the necessary capital for growth and expansion. During the FY2020, it raised Rs 63 crore and Rs 100 crore in the FY2021 through private placement and unsecured subordinated nonconvertible debentures respectively. On 26 March 2021, the Bank launched its Initial Public Offer and got listed on the National Stock Exchange and BSE Limited. As seen in March 2021, it successfully managed to expand to 477 banking outlets which included 133 Unbanked Rural Centres and its Gross Loan Portfolio and total deposits grew to Rs 3742 crore and Rs 2849 crore respectively.

Share Price: ₹181.51 per share as on 11 Jul, 2024 04:01 PM
Market Capitalisation: ₹1,950.53Cr as of today
Listing date: 26 Mar, 2021
Chairperson Name: Ramachandran Rajaraman
OrganisationSuryoday Small Finance Bank Ltd
HeadquartersNavi Mumbai
IndustryBanks
E-voting on sharesClick here to vote

Key events for Suryoday Small Finance Bank Ltd

  • Suryoday SFB Reports Strong Growth in Advances and Deposits - 04 Jul, 2024

    Suryoday Small Finance Bank reported strong growth in loans and advances, which increased by 42% YoY to Rs 9,037 crore in Q1-FY25. The bank's deposits also improved by 42% YoY to Rs 8,137 crore. CASA ratio stood at 17.7%, while disbursements rose 46% YoY to Rs 1,740 crore.

  • Suryoday Small Finance Bank Reports Strong Q1 Results - 03 Jul, 2024

    Suryoday Small Finance Bank reported a 42% YoY increase in gross advances to Rs 9,037 crore and deposits rose by 42% to Rs 8,137 crore. The bank's CASA ratio also increased from 14.9% to 17.7%. Disbursements for the quarter rose 46% YoY to Rs 1,740 crore while gross non-performing assets fell marginally to 2.67%.

  • Suryoday Small Finance Bank Sees Substantial Earnings Growth - 19 Jun, 2024

    Suryoday Small Finance Bank has seen significant increases in net interest income and net income, with revenue and earnings forecasted to grow at a robust pace annually. Recent executive changes aim to enhance its digital banking capabilities, but the bank faces challenges with non-performing loans.

Insights on Suryoday 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

    Retail Holding Up

    img

    Retail Investor have increased holdings from 57.68% to 60.66% in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, State Bank of India has given 98.6% return, outperforming this stock by 112.4%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, State Bank of India has given 44.3% return, outperforming this stock by 36.7%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 22.40% of holdings in Mar 2024 quarter

  • imgNO EFFECT

    FII Holding Unchanged

    img

    Foreign Institutions holdings remained unchanged at 2.91% of holdings in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 4.81% to 3.18% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, SURYODAY stock has moved down by -10.2%

Company Financials

Value in ₹ crore
2023Y/Y Change
Total Assets
₹9,866.39Cr
↑20.61%
Total Liabilities
₹9,866.39Cr
↑20.61%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
-₹97.70Cr
↓71.80%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
22.4%
0.00
Foreign Institutions
2.91%
0.00
Mutual Funds
3.18%
0.00
Retail Investors
60.66%
0.00
Others
10.86%
0.00

Key Indicators

Earnings and Dividends

  • Suryoday Small Finance Bank Ltd Earnings Results

    Suryoday Small Finance Bank Ltd’s net profit jumped 56.36% since last year same period to ₹60.84Cr in the Q4 2023-2024. On a quarterly growth basis, Suryoday Small Finance Bank Ltd has generated 6.33% jump in its net profits since last 3-months.

    Read More about Earnings Results

Technicals Summary

Bearish

Neutral

Bullish

Bearish

Suryoday Small Finance Bank Ltd is currently in a Bearish trading position according to technical analysis indicators.

Frequently Asked Questions

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Suryoday Small Finance Bank Ltd (SURYODAY) share price today is ₹181.51

Suryoday Small Finance Bank Ltd is listed on NSE

Suryoday Small Finance Bank Ltd is listed on BSE

  • Today’s highest price of Suryoday Small Finance Bank Ltd is ₹185.69.
  • Today’s lowest price of Suryoday Small Finance Bank Ltd is ₹181.25.

Today’s traded volume of Suryoday Small Finance Bank Ltd(SURYODAY) is 3.28L.

Today’s market capitalisation of Suryoday Small Finance Bank Ltd(SURYODAY) is ₹1950.53Cr.

Suryoday Small Finance Bank Ltd(SURYODAYPrice
52 Week High
₹217.7
52 Week Low
₹142.3

Suryoday Small Finance Bank Ltd(SURYODAY) share price is ₹181.51. It is down -16.62% from its 52 Week High price of ₹217.7

Suryoday Small Finance Bank Ltd(SURYODAY) share price is ₹181.51. It is up 27.55% from its 52 Week Low price of ₹142.3

Suryoday Small Finance Bank Ltd(SURYODAYReturns
1 Day Returns
-2.09%
1 Month Returns
-10.17%
3 Month Returns
-3.22%
1 Year Returns
7.59%