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AU SMALL FINANCE BANK Plunges 4%; BSE BANKEX Index Up 0.2%
Thu, 27 Jun 16:4

AU SMALL FINANCE BANK Plunges 4%; BSE BANKEX Index Up 0.2%Image source: bluebay2014/www.istockphoto.com

AU SMALL FINANCE BANK share price has plunged 4% and is presently trading at Rs 665.0.

Meanwhile, the BSE BANKEX index is at 60,249.5 (up 0.2%).

Among the top losers in the BSE BANKEX index today are IDFC FIRST BANK (down 0.5%) and Bank of Baroda (down 0.2%).

Kotak Bank (up 2.1%) and Indusind Bank (up 0.3%) are among the top gainers today.

Over the last one year, AU SMALL FINANCE BANK has moved down from Rs 745.5 to Rs 665.0, registering a loss of Rs 80.5 (down 10.8%).

On the other hand, the BSE BANKEX index has moved up from 49,297.0 to 60,249.5, registering a gain of 22.2% during the last 12 months.

The top gainers among the BSE BANKEX index stocks during this same period were SBI (up 51.7%), Bank of Baroda (up 46.7%) and Federal Bank (up 45.7%).

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What About the Benchmark Indices?

The BSE Sensex is at 79,245.0 (up 0.7%).

The top gainers among the BSE Sensex today are Ultratech Cement (up 5.3%) and NTPC (up 3.3%). The most traded stocks in the BSE Sensex are Tata Steel and Infosys.

In the meantime, NSE Nifty is at 24,036.1 (up 0.7%). Ultratech Cement and LTIMINDTREE are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 62,970.0 to 79,245.0, registering a gain of 16,275.0 points (up 25.8%).

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 2023, AU SMALL FINANCE BANK reported 26.4% increase in net profit to Rs 14,279 million compared to net profit of Rs 11,298 million during FY22. Revenue of the company grew 38.6% to Rs 82,054 million during FY23.

The current Price to earnings ratio of AU SMALL FINANCE BANK, based on rolling 12 month earnings, stands at 32.2.


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