Jana Small Finance Bank's share price has shown a steady growth trend since its inception. The bank's initial public offering (IPO) was priced at Rs 289 per share.
With a strong presence in the small finance banking segment, Jana Small Finance Bank has managed to increase its market capitalization over the years. As of the latest data, the bank's market capitalization stands at Rs 17,000 crores.
The bank's share price has seen a significant increase of 25% since its IPO, making it an attractive investment opportunity for many investors. Its strong financial performance and increasing market presence have contributed to this growth.
Jana Small Finance Bank's focus on rural and semi-urban areas has helped it to tap into a vast and untapped market, leading to a significant increase in its customer base.
Share Price Updates
The share price of Jana Small Finance Bank Ltd has been fluctuating, with a current price of ₹ 404.65 for NSE and ₹ 406.1 for BSE as of January 3, 2025.
The stock has experienced a decrease of -4.39 from its previous closing, and has a return of 11.10% over the past year. It's worth noting that the return has been -0.78% in the last month alone.
Here's a breakdown of the stock's performance over the past year:
The stock has also had a high of ₹ 414.00 and a low of ₹ 402.20, with a close of ₹ 409.05. The volume of shares traded was 97,036.
The resistance levels for the stock are ₹ 431.79, ₹ 424.50, ₹ 419.99, and ₹ 415.48, while the support levels are ₹ 402.62, ₹ 398.11, ₹ 393.60, and ₹ 386.31.
Additionally, the stock has a 4th UP target of ₹ 552.38, a 3rd UP target of ₹ 507.36, a 2nd UP target of ₹ 479.53, and a 1st UP target of ₹ 451.7. The 1st DOWN target is ₹ 372.3, the 2nd DOWN target is ₹ 344.47, the 3rd DOWN target is ₹ 316.64, and the 4th DOWN target is ₹ 271.62.
Financial Performance
Jana Small Finance Bank's financial performance has shown mixed results in recent quarters. The bank's net income has grown significantly, from ₹5.40 crore in March 2022 to ₹255.97 crore in March 2023.
The bank's cash flow has also been a concern, with a net decrease of ₹1,127.82 crore in March 2023. However, the bank's interest earned has grown by 25.17% year on year, indicating a positive sales trend.
The bank's equity capital has increased from ₹51.41 crore in March 2022 to ₹115.19 crore in March 2024, while its reserves have grown from ₹926.15 crore to ₹3,461.91 crore over the same period.
Decline, Long-Term Performance Remains Strong
Jana Small Finance Bank's stock saw a 6.02% decline on July 23, 2024, but its long-term performance remains strong.
The bank's stock is still trading higher than its moving averages, indicating a positive trend in the long term.
In comparison to the Sensex, the bank's recent performance has been negative, but its long-term performance remains strong.
Here's a brief look at the bank's recent performance:
The bank's equity capital has been increasing over the years, from 50.73 crores in March 2021 to 115.19 crores in March 2024.
Jana Small Finance Bank's stock has shown a strong performance in the past, outperforming the sector and Sensex on several occasions.
The bank's stock reached an intraday high of Rs 668.1 on May 10, 2024, trading higher than its moving averages.
The 1-year return on the stock has been 11.10%, indicating a positive trend in the long term.
The bank's P/E ratio as of January 3, 2025, is 5.91, indicating a relatively low valuation.
52 Week High and Low
The 52 Week High and Low is a crucial metric for evaluating a company's financial performance. Jana Small Finance Bank Ltd's 52 Week High for NSE is ₹ 760.90.
This indicates the highest stock price the company has reached over the past year. Jana Small Finance Bank Ltd's 52 Week Low for NSE is ₹ 365.00.
The BSE also reports similar numbers, with a 52 Week High of ₹ 760.85 and a 52 Week Low of ₹ 365.00. These figures give us a clear picture of the company's stock price volatility over the past year.
Investment Analysis
Jana Small Finance Bank's stock has seen a dip in its price, but it remains a viable option for investors. The bank's midcap status and recent performance should be taken into account.
Despite a -4.78% dip in its stock price, Jana Small Finance Bank remains a strong player in the industry. MarketsMOJO has given a 'Hold' call, indicating a positive outlook.
The bank's stock has outperformed the Sensex in the past month with a 15.63% increase. This shows its potential for growth.
Jana Small Finance Bank's stock has seen a decline in its price, but its long-term performance remains strong. The bank's ability to trade higher than its moving averages is a positive sign.
Investors should not be concerned by the bank's recent decline, as it has shown significant growth in the past month. The stock is still trading higher than its moving averages.
The bank's stock has seen a decline in line with the sector's performance. However, its long-term performance remains strong, making it a promising investment.
Jana Small Finance Bank's stock is still a good option for investors, despite a recent dip in its price. Its consistent performance and positive trend make it a strong player in the industry.
Technical Analysis
Technical analysis is a crucial aspect of understanding Jana Small Finance Bank's share price movement. The 5-day moving average is currently at 400.80, indicating a slight decline in the bank's stock price.
The Relative Strength Index (RSI) is at 49.85, which is close to the neutral zone. This suggests that the stock price may be due for a correction.
The Moving Averages Convergence Divergence (MACD) is at -5.80, indicating a bearish trend. This is a warning sign that the stock price may continue to decline.
The Commodity Channel Index (CCI) is at 10.92, which is above the neutral zone. This indicates that the stock price may be due for a correction.
Here's a summary of the key technical indicators:
The first resistance level is at 414.63, while the first support level is at 402.83. This indicates that the stock price may face resistance at the higher end and find support at the lower end.
The Williams % R is at -20.84, which is below the neutral zone. This indicates that the stock price may be due for a bounce back.
The Average Directional Index (ADX) is at 19.27, which is below the neutral zone. This indicates that the stock price may be in a consolidation phase.
Fundamental Analysis
Jana Small Finance Bank's market capitalization is a significant ₹4,276 Cr., indicating a substantial presence in the market.
The bank's price-to-earnings (P/E) ratio is 5.9, which is relatively low compared to other banks. This could be a buying opportunity for investors.
The bank's return on equity (ROE) is a notable 26.39%, indicating healthy profitability.
Here's a summary of Jana Small Finance Bank's key fundamentals:
Key Fundamentals
The market capitalization of Jana Small Finance Bank Ltd is ₹4,276 Cr.
The price-to-earnings (P/E) ratio is a crucial metric, and as of Jan 03 2025, it stands at 5.91.
The bank's return on equity (ROE) is a strong 26.39, indicating healthy earnings growth.
The debt-to-equity ratio is 1.46, which is a bit higher than ideal, but not alarming.
Here's a summary of the key fundamentals:
The bank's earnings per share (EPS) is ₹69.1, which is a significant number.
The book value per share (BVPS) is ₹366.4, indicating a strong asset base.
The 3-year sales growth rate is 18.97%, which is a healthy indicator of growth potential.
What Is the PB Ratio of?
The PB ratio is a key metric in fundamental analysis. It's calculated by dividing the stock price by the book value per share.
The PB ratio of Jana Small Finance Bank Ltd share is 366.27, as of January 3, 2025. This indicates a high valuation multiple.
A high PB ratio suggests that investors are willing to pay a premium for the company's shares. This could be due to strong growth prospects, a competitive advantage, or other factors.
For example, Jana Small Finance Bank Ltd's PB ratio is significantly higher than the industry average. This could be a red flag for investors, indicating that the stock may be overvalued.
The PB ratio can be a useful tool for investors to compare the valuation of different companies. By analyzing the PB ratio, investors can get a sense of whether a company is overvalued or undervalued relative to its peers.
Market Performance
Jana Small Finance Bank's stock has shown a strong performance, outperforming the sector and market on several occasions. In September 2024, the stock gained 5.04% and outperformed the sector by 5.03%.
The bank's stock has been trading above its 5-day, 20-day, and 200-day moving averages, indicating a positive trend. It reached an intraday high of Rs 593.95.
In comparison to the overall market, the stock has outperformed the Sensex by 4.79% in the past day and 3.05% in the past month. MarketsMOJO has given a 'Hold' call for the stock, providing a neutral stance for investors.
Jana Small Finance Bank's stock has also seen a decline of 6.02% on July 23, 2024, but its long-term performance remains strong. The stock is still trading higher than its moving averages.
The bank's stock performance has been positive on several occasions, outperforming the sector and market. On June 7th, 2024, the stock gained 5.59%, outperforming the sector by 4.23%.
Jana Small Finance Bank's stock has also outperformed the Sensex in the past 1 day and 1 month, showing strong performance in a volatile market. On June 5th, 2024, the stock gained 5.36% and closed at Rs 565.
The bank's stock has shown a slight dip on May 9th, 2024, with a -5.42% loss. However, the stock has been on an upward trend in the past month, with a 1-month performance of 35.47%.
Share Price Movement
Jana Small Finance Bank's share price is currently trading at ₹404.65 on the NSE and ₹406.1 on the BSE as of January 3rd, 2025.
The stock has seen a fluctuation between ₹404.00 and ₹415.20 in the latest trading session.
Over the past year, JANA SMALL FIN BANK LTD has achieved a return of 11.10%.
In the last month alone, the return has been -0.78%.
The stock has a 52-week high of ₹736.20 and a 52-week low of ₹368.15.
Here's a breakdown of the stock's performance over the past few days:
The stock's resistance levels are at ₹431.79, ₹424.50, ₹419.99, and ₹415.48. The support levels are at ₹402.62, ₹398.11, ₹393.60, and ₹386.31.
The stock has a long-term target of ₹552.38, ₹507.36, and ₹479.53 for its 4th, 3rd, and 2nd up targets respectively.
Investor Information
Jana Small Finance Bank's stock has outperformed the Sensex in the past month with a 15.63% increase.
Despite a recent dip in stock price, Jana Small Finance Bank has consistently performed well in the market. Its stock has shown a positive trend in the long run.
The bank's stock price dipped by -5.45% on June 24th, but this should not be a cause for concern for investors.
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What Is the Limit
Jana Small Finance Bank's recent stock price dip is a minor blip on the radar, considering its overall positive trend. Despite a -5.45% dip on June 24th, the stock has outperformed the Sensex in the past month with a 15.63% increase.
The market cap of Jana Small Finance Bank Ltd is substantial, with ₹ 42,51.50 Cr. for NSE and ₹ 0.0 Cr. for BSE as of now.
A market cap of over ₹ 42,51.50 Cr. indicates a strong financial standing, making Jana Small Finance Bank a promising investment opportunity.
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Corporate Action
Corporate action announcements are a crucial part of investor information, and Jana Small Finance Bank Ltd is no exception.
The bank's corporate action announcements can be found on various dates throughout the year, with the first one in 2024 being on May 22nd.
On this date, the bank announced its audited results.
Sources
- https://www.bajajbroking.in/stock/jana-small-fin-bank-ltd-share-price
- https://www.marketsmojo.com/news/jana-small-finance-bank-ltd-10039157
- https://www.indiainfoline.com/company/jana-small-finance-bank-ltd-share-price
- https://bazaartrend.com/nse-india/jsfb-share-price
- https://www.moneyworks4me.com/share-price/JSFB/jana-small-finance-bank-ltd
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