Suryoday Small (SURYODAY) Share News & Alerts
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Suryoday Small Finance Bank reports Q4 profit at Rs 49 crore
▲ Bullish +14.52%
The bank has demonstrated a significant turnaround with a ₹49 crore profit compared to much lower estimates and volatile previous quarters. The reduction in Gross NPAs indicates a stabilization of the microfinance stress that plagued the sector earlier in the fiscal year. Given the low price-to-book valuation (approx 0.8-0.9x), this fundamental recovery could trigger a multi-day re-rating rally as institutional confidence returns.
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