Between midcap and smallcap funds, the latter has seen the highest inflows in 2023 to the tune of Rs 26,305 crore. On the contrary, largecap funds have seen net outflows of Rs 3,607 crore in the same period.
Nazara Technologies stock got an additional boost from news the companys board will meet on Monday to consider fundraising options through the equity route.
Geojit is bullish on Ujjivan Small Finance Bank has recommended buy rating on the stock with a target price of Rs 62 in its research report dated August 24, 2023.
There is still some juice to go because there are still few sectors which look very like reasonably valued, maybe not that cheap like six to seven months ago, but some of them look reasonably valued.
The lender is now focusing on gaining scale by expanding product basket, adding more branches and growing manpower by about a fourth, managing director Ittira Davis told.