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Ujjivan Financial gains for sixth straight day ahead of Ujjivan SFB IPO

In the past six trading days, the share price of UFSL has appreciated by 19 per cent, as compared to one per cent rise in the S&P BSE Sensex.

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SI Reporter Mumbai
Shares of Ujjivan Financial Services (UFSL) were trading higher for the sixth straight day, up 6 per cent at Rs 346 on the BSE on Friday ahead of the subsidiary company’s Ujjivan Small Finance Bank (USFB) initial public offer (IPO) due next week.

In the past six trading days, the share price of UFSL has appreciated by 19 per cent, as compared to one per cent rise in the S&P BSE Sensex. The stock is trading close to its 52-week high of Rs 372, touched on June 4, 2019.

The Rs 750 crore IPO of Ujjivan Small Finance

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First Published: Nov 29 2019 | 1:40 PM IST

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