Suryoday Small Finance Bank Ltd share price logo

Suryoday Small Finance Bank Ltd (SURYODAY)

₹207.65▲0.17%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Suryoday Small Finance Bank Ltd share Performance

  • ₹205.7
    ₹211.2
    ₹207.65
    downward going graph

    0.94%

    Low

    Day's Volatility:2.65%

    High

    1.71%

    downward going graph
  • ₹99.8
    ₹216.65
    ₹207.65
    downward going graph

    51.94%

    Low

    52 Weeks Volatility:56.27%

    High

    4.33%

    downward going graph
1 Month Return29.52 %
3 Month Return26.56 %
1 Year Return100.77 %
Previous Close₹207.30
Open₹208.00
Volume3.79L
Upper Circuit-
Lower Circuit-
Market Cap₹2,200.79Cr

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 ₹252

Source: S&P Global Market Intelligence

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: ₹207.65 per share as on 25 Apr, 2024 04:01 PM
Market Capitalisation: ₹2,200.79Cr 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

  • SBI Securities Recommends Buying Suryoday Small Finance Bank Stock - 17 Apr, 2024

    Brokerage firm SBI Securities recommends buying Suryoday Small Finance Bank stock with a target price of ₹227.8, citing scaling up operations in other segments, improvement in CASA deposits, asset quality expected to improve, and healthy LCR. The stock has gained nearly 16.55% in the last one month and 18.91% in the last six months.

  • Suryoday Small Finance Bank Stock Shows Bullish Trend - 16 Apr, 2024

    The stock price of Suryoday Small Finance Bank has broken out on the daily chart, closing at its highest level since February 23. The primary trend is bullish as the stock price is above its 100 and 200-day EMA. Momentum indicators like MFI and RSI are sloping upwards, suggesting strength in the current bullish trend.

  • Suryoday Small Finance Bank Appoints Deepak Kumar Sharma as Additional Director - 11 Apr, 2024

    Deepak Kumar Sharma has been appointed as an additional director on the board of Suryoday Small Finance Bank for a period of five years, effective from April 11, 2024. The appointment is subject to shareholder approval and Sharma brings with him nearly three decades of experience in banking, telecom, and service sectors.

  • Suryoday Small Finance Bank Reports Strong Growth in Q4 FY24 - 04 Apr, 2024

    Suryoday Small Finance Bank reports a strong growth in Q4 FY24 with gross advances up 41% YoY, deposits up 50% YoY, and disbursements increasing by 39% YoY. The CASA ratio improved to 20.1%. Shares jumped over 12% following the release of the Q4 business update.

  • Suryoday SFB Reports Strong Growth in Deposits and Disbursements - 03 Apr, 2024

    Suryoday Small Finance Bank reports strong growth in deposits and disbursements for Q4 FY24, with deposits growing by 50% YoY and disbursements up 39%. The bank also partners with Magma HDI General Insurance to offer health insurance to its commercial vehicle loan customers.

  • Suryoday Small Finance Bank Partners with Magma HDI for Health Insurance - 01 Apr, 2024

    Suryoday Small Finance Bank has entered into a Corporate Agency Agreement with Magma HDI General Insurance Company to offer health insurance to its commercial vehicle loan customers, bridging the accessibility gap by leveraging Suryoday's extensive reach across urban and rural regions.

Fundamentals of Suryoday Small Finance Bank Ltd

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

    Best in 1 Year

    img

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

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 month, SURYODAY stock has moved up by 29.5%

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

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

  • imgNO EFFECT

    FII Holding Unchanged

    img

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

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

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

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, State Bank of India has given 124.5% return, outperforming this stock by 140.4%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

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

Mutual Fund Holdings

Funds Holdings
Axis Small Cap Fund Direct GrowthAxis Small Cap Fund Direct Growth0.24%
Axis Equity Hybrid Fund Direct GrowthAxis Equity Hybrid Fund Direct Growth0.35%
ITI Banking and Financial Services Fund Direct GrowthITI Banking and Financial Services Fund Direct Growth1.55%

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M 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

Technicals of Suryoday Small Finance Bank Ltd share

News & Events of Suryoday Small Finance Bank Ltd

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Suryoday Small Finance Bank Ltd (SURYODAY) share price today is ₹207.65

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 ₹211.2.
  • Today’s lowest price of Suryoday Small Finance Bank Ltd is ₹205.7.

Today’s traded volume of Suryoday Small Finance Bank Ltd(SURYODAY) is 3.79L.

Today’s market capitalisation of Suryoday Small Finance Bank Ltd(SURYODAY) is ₹2200.79Cr.

Suryoday Small Finance Bank Ltd(SURYODAYPrice
52 Week High
₹216.65
52 Week Low
₹99.8

Suryoday Small Finance Bank Ltd(SURYODAY) share price is ₹207.65. It is down -4.15% from its 52 Week High price of ₹216.65

Suryoday Small Finance Bank Ltd(SURYODAY) share price is ₹207.65. It is up 108.07% from its 52 Week Low price of ₹99.8

Suryoday Small Finance Bank Ltd(SURYODAYReturns
1 Day Returns
0.35%
1 Month Returns
29.52%
3 Month Returns
26.56%
1 Year Returns
100.77%