BUZZ-India's Suryoday Small Finance Bank surges on Q4 update
Reuters · 04/04 05:04
Share
Listen to the news
** Shares of Suryoday Small Finance Bank SURO.BO up 11.8%
** Stock rose as much as 13.8% to 190.9 rupees
** The bank said its Q4 gross advances grew 41% Y/Y, and total deposits rose 50% Y/Y
** Stock on track for a fourth consecutive session of gains, if trend holds
** SURO up 16.4% for the week, poised to snap five straight weekly losses
** More than 290,000 shares change hands by 10:30 a.m. IST, 3.1x the 30-day avg
** Including session's gain, stock is up 19.7% YTD
(Reporting by Navamya Ganesh Acharya in Bengaluru)
((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending
No content on the Webull website shall be considered a recommendation or solicitation for the purchase or sale of securities, options or other investment products. All information and data on the website is for reference only and no historical data shall be considered as the basis for judging future trends.
Copyright © 2024 Webull. All Rights Reserved