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Ujjivan SFB, Cello: Here's why Kotak Securities is upbeat on these 2 stocks

A quarterly results development with market-wide reach.

29 Sept 2026 · Business Standard Mkts

Shrikant Chouhan of Kotak Securities believes that Ujjivan Small Finance Bank has navigated the stress cycle better than most, and the shift to secured lending broadens the earnings base.

Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.