Equitas Small Finance Bank is currently trading at Rs. 41.15, up by 1.80 points or 4.57% from its previous closing of Rs. 39.35 on the BSE.
The scrip opened at Rs. 40.15 and has touched a high and low of Rs. 43.00 and Rs. 40.15 respectively. So far 223222 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 76.75 on 12-Jul-2021 and a 52 week low of Rs. 37.50 on 17-Jun-2022.
Last one week high and low of the scrip stood at Rs. 43.00 and Rs. 38.45 respectively. The current market cap of the company is Rs. 5125.70 crore.
The promoters holding in the company stood at 74.59%, while Institutions and Non-Institutions held 20.31% and 5.10% respectively.
Equitas Small Finance Bank has posted 19% growth in total deposits at Rs 20,386 crore for the first quarter ended June 30, 2022 (Q1FY23) as compared to Rs 17,095 crore in Q1FY22. On a quarterly basis, the deposits were up 8% from Rs 18,951 crore as of March 2022.
The disbursements for the quarter jumped over two-times to Rs 3,238 crore, from Rs 1,265 crore in April-June quarter of FY22.
CASA Ratio stood at 51.74% as of June 30, 2022 as compared to 52% as of March 31, 2022. CASA Deposits stood at Rs 10,548 crore as of June 30, 2022, posting a 55% rise in year-on-year (YoY) terms against Rs 6,793 crore as of June 30, 2021.
Gross Advances stood at Rs 21,699 crore as of June 30, 2022, posting a 22% rise in year-on-year against Rs 17,837 crore as of June 30, 2021 and 5% growth in quarter-on-quarter basis from Rs 20,597 crore in in March 2022.
Equitas Small Finance Bank offers personalised services and helps finds the right product to suit individual banking requirements for their savings.