Hold Utkarsh SFB., target price Rs 26: ICICI Securities Jobbery Stock Market update New

ICICI Securities recommends holding Utkarsh Small Finance Bank with a target price of Rs 26. The bank reported a net loss in the latest quarter, but improving collection efficiency signals some recovery. Short-term profitability remains under pressure. Promoters hold a significant stake in the company. FIIs and DIIs also have notable holdings.