Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

AU SMALL FINANCE BANK Gains 4%; BSE BANKEX Index Down 0.3%
Mon, 22 Jul 15:9

AU SMALL FINANCE BANK Gains 4%; BSE BANKEX Index Down 0.3%Image source: Nikada/www.istockphoto.com

AU SMALL FINANCE BANK share price has zoomed 4% and is presently trading at Rs 656.3.

Meanwhile, the BSE BANKEX index is at 59,975.3 (down 0.3%).

Among the top gainers in the BSE BANKEX index today are IDFC FIRST BANK (up 2.3%) and HDFC Bank (up 1.9%).

Kotak Bank (down 3.9%) and SBI (down 1.2%) are among the top losers today.

Over the last one year, AU SMALL FINANCE BANK has moved down from Rs 769.8 to Rs 656.3, registering a loss of Rs 113.5 (down 14.7%).

On the other hand, the BSE BANKEX index has moved up from 51,207.9 to 59,975.3, registering a gain of 17.1% during the last 12 months.

The top gainers among the BSE BANKEX index stocks during this same period were SBI (up 48.4%), Federal Bank (up 43.4%) and Axis Bank (up 33.3%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 80,484.4 (down 0.1%).

The top losers among the BSE Sensex today are Kotak Bank (down 3.9%) and Reliance Ind. (down 3.5%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 24,505.6 (down 0.1%). Wipro and Kotak Bank are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,795.1 to 80,484.4, registering a gain of 13,689.2 points (up 20.5%).

AU SMALL FINANCE BANK Financial Update...

AU SMALL FINANCE BANK net profit fell 12.7% YoY to Rs 3,707 million for the quarter ended March 2024, compared to a profit of Rs 4,246 million a year ago. Net sales rose 24.4% to Rs 28,295 million during the period as against Rs 22,749 million in January-March 2023.

For the year ended March 2024, AU SMALL FINANCE BANK reported 7.5% increase in net profit to Rs 15,347 million compared to net profit of Rs 14,279 million during FY23. Revenue of the company grew 28.6% to Rs 105,547 million during FY24.

The current Price to earnings ratio of AU SMALL FINANCE BANK, based on rolling 12 month earnings, stands at 31.8.


Equitymaster requests your view! Post a comment on "AU SMALL FINANCE BANK Gains 4%; BSE BANKEX Index Down 0.3%". Click here!