Bank stock jumps 5% after Tikri Partners bought 2.2% stake in the company via bulk deal

Synopsis:
Tikri Partners LLP acquired 10 lakh Capital Small Finance Bank shares worth Rs. 28 crores, securing a 2.22 percent stake via BSE and NSE.

During Friday’s trading session, shares of India’s first small finance bank to commence operation in 2016 moved up by nearly 5 percent on BSE, after a bulk deal worth Rs. 28 crores on the stock exchanges.

At 10:48 a.m., the shares of Capital Small Finance Bank Limited were trading in the green at Rs. 293.4 on BSE, up by around 3 percent, as against its previous closing price of Rs. 284.7, with a market cap of Rs. 1,327.5 crores. The stock has delivered negative returns of more than 17 percent in the last one year, and has fallen by nearly 2 percent in the last one month.

What’s the News

According to the latest bulk deal data, Tikri Partners LLP, purchased a total of 10 lakh equity shares of Capital Small Finance Bank Limited, representing a 2.22 percent stake via both BSE and NSE. The transaction was valued at Rs. 28 crores, with the shares bought at an average price of Rs. 280 per share.

Financials & more

Capital Small Finance Bank reported a significant growth in its net interest income, showing a year-on-year rise of around 19 percent from Rs. 86.7 crores in Q4 FY24 to Rs. 103.06 crores in Q4 FY25. Similarly, its net profit increased during the same period from Rs. 28 crores to Rs. 34 crores, representing an increase of about 21 percent YoY.

Capital Small Finance Bank Limited is engaged in the business of providing a wide range of banking and financial services, including retail & commercial banking and treasury operations. The Bank operates in India and does not have any branches outside India.

This Punjab-based small finance bank has been steadily expanding its high-yield retail and MSME loan portfolio, all while keeping a cautious, stable approach to raising funds.

Written by Shivani Singh

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