Suryoday Small Finance Bank Ltd

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Start SIP in Suryoday Small Finance Bank Ltd
Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
41.37% Gain from 52W Low
20.6
TTM PE Ratio
Below industry Median
9.9
Price to Book Ratio
Low in industry
1.2
Dividend yield 1yr %
0
TTM PEG Ratio
PEG TTM is less than 1
0.1
RSI
RSI is mid-range
54.1
MFI
MFI is mid-range
65

Suryoday Small Finance Bank Ltd shareholding Pattern

Promoter
22.4%
Foreign Institutions
2.9%
Mutual Funds
3.2%
Domestic Institutions
14%
Public
60.7%
Promoter
22.4%
Foreign Institutions
2.9%
Mutual Funds
4.8%
Domestic Institutions
17%
Public
57.7%
Promoter
22.4%
Foreign Institutions
2.2%
Mutual Funds
4.7%
Domestic Institutions
18.4%
Public
57%
Promoter
23.3%
Foreign Institutions
1.7%
Mutual Funds
4.6%
Domestic Institutions
18.7%
Public
56.4%
Promoter
23.3%
Foreign Institutions
1.2%
Mutual Funds
4.6%
Domestic Institutions
20.9%
Public
54.6%
Promoter
23.3%
Foreign Institutions
2.6%
Mutual Funds
4.6%
Domestic Institutions
22.2%
Public
51.9%

Suryoday Small Finance Bank Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
14
Bearish Moving Averages
2
5Day EMA
201.90
10Day EMA
199.70
12Day EMA
199.10
20Day EMA
198.10
26Day EMA
197.50
50Day EMA
194.30
100Day EMA
187.00
200Day EMA
175.60
5Day SMA
203.20
10Day SMA
198.40
20Day SMA
196.10
30Day SMA
197.60
50Day SMA
198.10
100Day SMA
184.80
150Day SMA
177.30
200Day SMA
173.90
Delivery & Volume
Resistance & Support
202.21
Pivot
Resistance
First Resistance
203.96
Second Resistance
206.76
Third Resistance
208.51
Support
First Support
199.41
Second support
197.66
Third Support
194.86
Relative Strength Index
54.14
Money Flow Index
65.01
MACD
1.61
MACD Signal
0.40
Average True Range
7.45
Average Directional Index
16.64
Rate of Change (21)
1.81
Rate of Change (125)
23.08
Peer comparison
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ESAF Small Finance Bank Ltd.
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Capital Small Finance Bank Ltd.
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Suryoday Small Finance Bank Ltd Company background

Founded in: 2008
The Bank was originally incorporated as Suryoday Micro Finance Private Limited at Chennai, Tamil Nadu, as a private limited company under the Companies Act, 1956 pursuant to the certificate of incorporation dated 10 November 2008 issued by the Assistant Registrar of Companies, Tamil Nadu, Andaman and Nicobar Islands at Chennai. Subsequently, our Bank was converted into a public limited company and the name of our Bank was changed to Suryoday Micro Finance Limited, and a fresh certificate of incorporation dated 16 June 2015 was issued by the RoC. Our Bank was granted the inprinciple and final approval to establish a small finance bank (SFB) by the RBI, pursuant to its letters dated 07 October 2015 and 26 August 2016, respectively. Pursuant to our Bank being established as an SFB, the name of our Bank was changed to Suryoday Small Finance Bank Limited and a fresh certificate of incorporation was issued by the RoC on 13 January 13, 2017. The Bank commenced its business with effect from 23 January 2017 and was included in the second schedule to the RBI Act pursuant to a notification dated 24 July 2017 issued by the RBI and published in the Gazette of India on 02 September 2017. The bank has a wide presence across 13 states and UTs across India through its 556 banking outlets, with a strong presence in Maharashtra, Tamilnadu and Odisha.The Bank is primarily engaged in extending micro credit to economically weaker women who are otherwise unable to access finance from the mainstream banking channels. The Bank broadly follows the Grameen model with suitable adaptations using the Joint Liability Groups (JLG) framework, where each member of the group guarantees the loan repayment of the other members of the group. The Bank also provides finance for mortgage loans, commercial vehicles, loans to micro, small and medium enterprises and loans to Nonbanking finance companies (NBFCs).During the FY2016,the Company raised Rs 746 Crore by way of debt facilities from various lenders and Rs 72 Crores by way of loan portfolio securitization.The Company has issued 43,95,907 equity shares by way of rights issue in July 2015. The capital was raised to ensure adequate capital to support growth and expansion, including enhancing the Companys solvency and capital adequacy ratio and for general corporate purposes. The Company issued and allotted 10,00,000 equity shares to Mr. R. Baskar Babu on a preferential basis. The same was approved by the members of the Company at their Extraordinary General Meeting held on 24 December 2015.During the FY2017, 255,60,469 equity shares of the face value of Rs. 10/ each were allotted by way of Rights issues, Private Placement issues and Preferential Allotment issues in various tranches bringing in a total inflow of Rs. 289.27 crore.The bank has raised Rs 501.29 crore by way of debt facilities from various lenders and Rs. 261.28 crores by way of loan portfolio buys outs/securitization during the Financial Year 20162017.During the year 201718, 31,00,000 equity shares of Rs. 10/ each were allotted by way of preferential issue. The Bank has 28 fully operational bank branches as of June 2018 including conversion of 2 micro finance lending outlets into banking outlets in addition to 213 micro finance lending focused outlets. The Bank also has onsite ATMs at almost all branches. The Gross Loan Portfolio at Rs 2920 crore showed a yearonyear increase of 76% whereas the Total deposits grew by 113% from Rs 750 crore as at Mar 2018 to Rs 1593 crore as at March 2019 with retail deposits accounting for almost 50% share. The AUM grew by 71% to Rs 3,003 crore, with 20% of this contributed by Affordable Home Loans, Commercial Vehicle Finance, and SME NBFC funding.The number of banking outlets increased from 241 in March 2018 to 382 in March 2019 comprising of 211 asset centres and 171 other outlets (including 68 URCs). During the FY2020,the bank has issued 4500000 equity shares through private placement pursuant to shareholders approval aggregating to Rs 63 crore.The Gross Loan Portfolio at Rs 3,742 crore (excluding the impact of writeoff) grew by 26% over that of the previous year and the total deposits at Rs 2,849 crore grew by 79% over that of the previous year.The number of banking outlets increased from 382 in March 2019 to 477 in March 2020 including 133 Unbanked Rural Centres.During the second quarter of FY21 ended 30 Septernber 2020, the Bank issued 23,90,020 equity shares through private placernent pursuant to shareholders approval aggregating to Rs 62.14 crore.The Bank also issued unsecured, subordinated nonconvenible debentures for Rs 100 crore during the quarter ended 30 Septernber 2020.During the year ended 31 March 2021, the Bank successtully completed lnitial public offer (lPo) and got listed on 26 March 2021 on Natiohal stock Exchange (NSEJ and BSE Ltd.
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Suryoday Small Finance Bank Ltd FAQs

Suryoday Small Finance Bank Ltd shares are currently priced at 201.17 on NSE and 201.1 on BSE as of 6/13/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Suryoday Small Finance Bank Ltd [SURYODAY] share was 16.95. The Suryoday Small Finance Bank Ltd [SURYODAY] share hit a 1-year low of Rs. 142.3 and a 1-year high of Rs. 217.7.

The market cap of Suryoday Small Finance Bank Ltd is Rs. 2137.19 Cr. as of 6/13/2024 12:00:00 AM.

The PE ratios of Suryoday Small Finance Bank Ltd is 9.89 as of 6/13/2024 12:00:00 AM.

The PB ratios of Suryoday Small Finance Bank Ltd is 1.18 as of 6/13/2024 12:00:00 AM

The Mutual Fund Shareholding was 3.18% at the end of 6/13/2024 12:00:00 AM.

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