The stock was up 7 per cent to Rs 305 after the company reported a healthy 54 per cent year-on-year growth in net profit at Rs 45.2 crore in Q3FY19.
'The healthy net interest margin (11.8 per cent) helped to increase profits,' MD and CEO Samit Ghosh said
The stock rallied 10% to Rs 238 on BSE in the intra-day trade on hopes that Ujjivan Small Finance Bank may issue bonus shares to the existing shareholders of the company.
Ujjivan plans to expand its branch network to 475 by the end of FY19
The stock hit a 52-week high of Rs 432, up 7% on the BSE after the company reported consolidated net profit at Rs 649 million in March quarter against Rs 194 million in year ago quarter
However, asset quality improves as gross NPAs drop to 4.24%
Incorporated in 2004, Ujjivan today serves 3.7 million customers through its network of 445 branches across 24 states and Union Territories
The stock soared 10% to Rs 377 after the company said its consolidated net loss declined to Rs 11.95 crore in Q2 from Rs 74.94 crore in Q1.
The stock dipped 7.6% to Rs 353 on BSE in noon deal trade.
The stock rallied 9% to Rs 428 in intra-day trade, extending its previous day's 8% surge on the BSE
The bank plans to use Aadhaar e-KYC to open accounts, use hand held devices for verification; have mobile ATM services
The stock hit an intra-day high of Rs 427, appreciated more than 100% against its initial public offer price of Rs 210 per share.
The stock dipped 5% to Rs 372 on the BSE in early morning trade.
GMO Emerging Domestic Opportunities Fund on Friday bought 894,079 shares at Rs 376.74 per share, NSE data shows.
The stock hit high of Rs 364 on the BSE in intra-day trade, zoomed 73% against its issue price of Rs 210 per share.
The stock surged 14% to Rs 304 after the company posted a more than double net profit of Rs 177 crore in FY16.
Microfinance lender's scrip ends at Rs 232 versus IPO price of Rs 210
The stock listed at Rs 232, a 10% premium against its issue price of Rs 210 per share on the NSE.
The share sale would help Ujjivan Financial Services bring down the foreign shareholding to around 45% from the current 77%
Interview with Samit Ghosh, Managing Director and CEO, Ujjivan Financial Services and Sudha Suresh, CFO, Ujjivan Financial Services