Equitas Small Finance Bank Share Price

Equitas Small Finance Bank Investment Rating

• Master Rating:

• Equitas Small Finance Bank has an operating revenue of Rs. 4,300.00 Cr. on a trailing 12-month basis. An annual revenue growth of 11% is good, Pre-tax margin of 7% is okay, ROE of 6% is fair but needs improvement. The stock from a technical standpoint is comfortably placed above its key moving averages, around 10% and 15% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 7% from the pivot point (which is extended from the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 99 which is a GREAT score indicating consistency in earnings, a RS Rating of 62 which is FAIR indicating the recent price performance, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 48 indicates it belongs to a fair industry group of Finance-Commercial Loans and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.