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Why this smallcap banking stock fell so much – why this smallcap banking stock extended loss for 2nd day and hit 52 week low watch video to know which is this smallcap banking stock
Utkarsh Small Finance Bank shares declined for the second consecutive day and fell by more than 4 percent. On January 7, the company’s shares fell by more than 4 percent during trading and reached a 52-week low of Rs 31.04. Later it fell 3.25% and closed at Rs 31.83. The company’s loan growth remained sluggish on a quarterly basis in the December quarter, the impact of which was seen on the company’s shares. The shares of this smallcap stock have fallen by almost 9% in just 2 days.