AU Small Finance Bank remained the top gainer in the banking index on the BSE.
AU Small Finance Bank is currently trading at Rs. 582.00, up by 6.50 points or 1.13% from its previous closing of Rs. 575.50 on the BSE.
The scrip opened at Rs. 576.30 and has touched a high and low of Rs. 586.40 and Rs. 575.40 respectively. So far 77595 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 813.00 on 08-Jan-2024 and a 52 week low of Rs. 548.15 on 24-Mar-2023.
Last one week high and low of the scrip stood at Rs. 590.60 and Rs. 565.75 respectively. The current market cap of the company is Rs. 38944.06 crore.
The promoters holding in the company stood at 25.46%, while Institutions and Non-Institutions held 61.93% and 12.61% respectively.
AU Small Finance Bank (AU SFB) has commenced operations at its fifth branch in Indore, located at Ranjeet Hanuman Road. This new branch expands AU SFB's banking touchpoint network to 49 in Madhya Pradesh. This strategic expansion further solidifies AU SFB’s unwavering commitment to meeting the financial needs of Indore, recognized as the financial capital of Madhya Pradesh.
The new branch will address the banking requirements of both residents and commercial establishments of old Indore city, catering to customers with significant potential to adopt a diverse range of financial products. The branch will offer micro-business loans, vehicle loans, business banking, agri-banking, construction funding to real estate developers, in addition to all regular branch banking services.
AU Small Finance Bank is a small finance bank (SFB) that has recently transitioned from a prominent, retail focused nonbanking finance company (NBFC), which primarily served low and middle-income individuals and businesses that have limited or no access to formal banking and finance channels.
| Company Name | CMP |
|---|---|
| HDFC Bank | 796.60 |
| ICICI Bank | 1279.45 |
| Axis Bank | 1296.10 |
| Kotak Mahindra Bank | 376.20 |
| Indusind Bank | 946.50 |
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