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AU SMALL FINANCE BANK Plunges 5%; BSE BANKEX Index Up 0.3%
Fri, 25 Oct 9:27

AU SMALL FINANCE BANK Plunges 5%; BSE BANKEX Index Up 0.3%Image source: DNY59/www.istockphoto.com

AU SMALL FINANCE BANK share price has plunged 5% and is presently trading at Rs 610.6.

Meanwhile, the BSE BANKEX index is at 58,683.3 (up 0.3%).

Among the top losers in the BSE BANKEX index today are Indusind Bank (down 10.0%) and IDFC FIRST BANK (down 2.0%).

Axis Bank (up 2.7%) and ICICI Bank (up 0.9%) are among the top gainers today.

Over the last one year, AU SMALL FINANCE BANK has moved down from Rs 694.1 to Rs 610.6, registering a loss of Rs 83.5 (down 12.0%).

On the other hand, the BSE BANKEX index has moved up from 48,512.5 to 58,683.3, registering a gain of 21.0% during the last 12 months.

The top gainers among the BSE BANKEX index stocks during this same period were SBI (up 44.2%), ICICI Bank (up 35.9%) and Federal Bank (up 31.8%).

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

What About the Benchmark Indices?

The BSE Sensex is at 80,159.3 (up 0.1%).

The top gainers among the BSE Sensex today are Axis Bank (up 2.7%) and ITC (up 2.6%). The most traded stocks in the BSE Sensex are Indusind Bank and ITC.

In the meantime, NSE Nifty is at 24,393.2 . Indusind Bank and NTPC are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,571.9 to 80,159.3, registering a gain of 15,587.5 points (up 24.1%).

AU SMALL FINANCE BANK Financial Update...

AU SMALL FINANCE BANK net profit grew 42.2% YoY to Rs 5,712 million for the quarter ended September 2024, compared to a profit of Rs 4,018 million a year ago. Net sales rose 54.5% to Rs 39,106 million during the period as against Rs 25,311 million in July-September 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 24.9.


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