Dolly Khanna picks fresh stake in this multi-bagger NBFC in December quarter

Stock market today, share market news: In the past 12 months, the stock has rewarded investors with a 117.6 per cent return.

The stock of Ujjivan Financial Services trades at relatively cheap valuations considering its low TTM price to earnings of 8.5.

Stock market today, share market news: Ace investor Dolly Khanna has added the stock of Ujjivan Financial Services to her portfolio, worth around Rs 501.3 crore, as per Trendlyne data.

The investor, as per the December quarter shareholding data, has added 13,74,146 shares, equating to a 1.13 per cent stake in the NBFC firm. This is a fresh addition during the December-ended quarter.

Retail investors need to be mindful of the investments made by ace investors, as these investors tend to bag stocks after much diligence and analysis. These investors are adept at analysing market trends, carrying out in-depth research, and identifying lucrative investment opportunities.

The stock of Ujjivan Financial Services trades at relatively cheap valuations considering its low TTM price to earnings of 8.5.

The stock has been a multi-bagger stock in line with the relatively good gains in the broader markets. In the past 12 months, the stock has rewarded investors with a 117.6 per cent return. The stock's 52-week low and high prices are Rs 233 and Rs 614.8, respectively.

In trade on January 18, the stock traded close to its 52-week high price of Rs 583.15 per share.

With a market cap of Rs 7,144 crore, it is a small-cap stock. The company is a non-banking finance company engaged in the microfinance lending business.

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Dolly Khanna Ujjivan Financial Services