Equitas Small Finance Bank Share Price Target Tomorrow 2024 To 2030

Equitas Small Finance Bank Ltd is a prominent small finance bank in India, serving diverse segments like microfinance, housing, vehicle loans, and retail banking. Established in 2007, it transitioned into a small finance bank in 2016. The bank operates across 18 states and union territories with over 900 physical branches, emphasizing financial inclusion for underserved communities. Its key strengths include a well-diversified asset base and a focus on retail deposits. Equitas Small Finance Bank Share Price on NSE as of 20 November 2024 is 66.00 INR. Here will provide you more details on Equitas Small Finance Bank Share Price Target 2024, 2025, 2026 to 2030.

Equitas Small Finance Bank Ltd: Market Overview

• Open Price: ₹65.71
• High Price: ₹66.80
• Low Price: ₹64.85
• Previous Close: ₹65.69
• Volume: 3,111,688
• Value (Lacs): ₹2,052.16
• VWAP: ₹65.57
• UC Limit: ₹78.82
• LC Limit: ₹52.55
• P/E ratio: 16.90
• Div yield: 1.52%
• 52-wk high: ₹116.50
• 52-wk low: ₹62.00
• Mkt cap: ₹7.52KCr
• Face Value: ₹10

Equitas Small Finance Bank Ltd Competitors

Here are four competitors of Equitas Small Finance Bank Ltd along with their approximate market capitalizations:

1. AU Small Finance Bank Ltd – Known for its strong presence in retail banking and MSME financing, with a market capitalization of approximately ₹45,000 crores​.
2. Ujjivan Small Finance Bank Ltd – Focuses on inclusive banking services and has a market capitalization of around ₹7,500 crores​.
3. Jana Small Finance Bank – Offers microfinance and retail banking services, with significant funding support totaling $796 million. Its market cap is currently not disclosed in detail but is considered significant within the sector​.

4. Utkarsh Small Finance Bank – Provides diverse financial services including microenterprise loans and MSME funding. It has raised about $33 million but does not disclose its market capitalization openly​.

Equitas Small Finance Bank Share Price Chart

Equitas Small Finance Bank Share Price Target Tomorrow 2024 To 2030

Equitas Small Finance Bank Share Price Target 2024

Equitas Small Finance Bank share price target 2024 Expected target could be ₹117. Here are three key factors that could influence Equitas Small Finance Bank’s share price target for 2024:

• Loan Book Growth: Equitas has been expanding its loan book, focusing on small businesses, microfinance, and vehicle loans. A steady increase in disbursements and a healthy credit portfolio will drive revenue growth and investor confidence​.
• Asset Quality Management: Maintaining a low level of Non-Performing Assets (NPAs) is critical. With its gross NPA improving to 2.5% recently, the bank’s ability to manage credit risk effectively will be a key determinant of its profitability and market valuation​.

• Financial Inclusion Strategy: The bank’s focus on financial inclusion through affordable banking services and retail deposit growth supports its expansion. Attracting more customers with innovative products could enhance its growth prospects.

Equitas Small Finance Bank Share Price Target 2025

Equitas Small Finance Bank share price target 2025 Expected target could be ₹190. Here are three key factors that could impact Equitas Small Finance Bank’s share price target for 2025:

• Digital Transformation: Equitas’ focus on improving digital banking services and adopting technology to enhance customer experience will play a critical role in attracting younger and tech-savvy customers, driving deposit growth and market share​.
• Rural and Microfinance Expansion: Increasing its presence in rural areas and strengthening its microfinance portfolio will help the bank tap into underserved markets, boosting loan disbursements and overall business growth​.

• Interest Rate and Policy Environment: Changes in interest rates and regulatory policies, particularly those promoting financial inclusion, could directly influence lending rates, margins, and the bank’s overall profitability​.

Equitas Small Finance Bank Share Price Target 2030

Equitas Small Finance Bank share price target 2030 Expected target could be ₹374. Here are three potential risks and challenges for Equitas Small Finance Bank’s share price target by 2030:

• Economic and Market Volatility: Prolonged economic downturns or instability in financial markets could reduce demand for loans and impact repayment rates, increasing Non-Performing Assets (NPAs) and affecting profitability​.
• Competition from Larger Banks and FinTechs: The increasing presence of FinTech companies and larger commercial banks entering the financial inclusion space could pose a significant challenge. Equitas might need to invest heavily in technology and marketing to retain and grow its customer base​.

• Regulatory and Compliance Risks: Changes in regulatory frameworks, such as stricter lending norms or changes in small finance bank mandates, could increase operational costs or limit the bank’s ability to expand its offerings.

Equitas Small Finance Bank Ltd Shareholding Pattern

• Retail and Others: 39.42%
• Mutual Funds: 38.22%
• FII: 16.91%
• DII: 5.45%

Equitas Small Finance Bank Ltd Financials

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