Risk factor
Fair trading liquidity
Profitability factor
Greatly overvalued vs peers
About
Equitas Small Finance Bank Limited provides various banking products and services to for individuals and corporates, as well as micro, small, and medium enterprises. The company operates through Treasury, Corporate / Wholesale Banking, Retail Banking, and Other Banking Operations segments. It offers fixed deposit products; and savings, salary, business, current, and TASC accounts. The company also provides loans against property; gold, home, used car, business, and MSME loans; vehicle finance, merchant overdraft, MSME loans monitoring services; overdraft against deposits; financing products for agri business; investment services; general, life, and health insurances; pension schemes; payments and collection solutions; retail forex services; fund transfer services; and debit cards. In addition, it provides online, mobile, and doorstep banking services. It has 869 banking outlets and 339 ATMs in India. The company was formerly known as Equitas Finance Limited. Equitas Small Finance Bank Limited was incorporated in 1993 and is based in Chennai, India. Equitas Small Finance Bank Limited is a subsidiary of Equitas Holdings Limited.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. In particular, the stock is overpriced on P/E. Editor's
Target Price
The average target price of EQUITASBNK.NS is 82 and suggests 18% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to