The Central Pivot by Vineet Saxena (SEBI RA) · 9th Jan
Equitas SFB
EQUITASBNK
– Key Banking Metric Snapshot📊🏦
Equitas Small Finance Bank
EQUITASBNK
is showing improving momentum, supported by both chart strength and stabilising fundamentals, making it worth tracking in the current market setup.
From a technical perspective, the stock has decisively moved above its weekly and monthly 20 EMA with strong volumes. A breakout from a small head-and-shoulders pattern further indicates strengthening trend and potential upside continuation.
Fundamental highlights:
1️⃣ Loan book ~₹43,200 cr; deposits ~₹44,000 cr, with advances growing 4% QoQ and 9% YoY.
2️⃣ CASA ratio stable at 31%, supporting lower funding costs and healthy margins.
3️⃣ Asset quality improving – GNPA at ~0.95% and net slippage improved by ~100 bps QoQ.
4️⃣ Profitability turning stable, with ₹24 cr PAT in the latest quarter.