On the technical charts, the RSI of the stock stood at 45.32.

On the technical charts, the RSI of the stock stood at 50.53.

A total of 16,844 shares changed hands on the counter till 10:15AM (IST)

Motilal Oswal is bullish on AU Small Finance Bank recommended buy rating on the stock with a target price of Rs 740 in its research report dated January 19, 2023.

Sharekhan is bullish on AU Small Finance Bank has recommended buy rating on the stock with a target price of Rs 800 in its research report dated January 19, 2023.

HDFC Securities recommended reduce rating on AU Small Finance Bank with a target price of Rs 610 in its research report dated January 19, 2023.

Emkay Global Financial recommended hold rating on AU Small Finance Bank with a target price of Rs 650 in its research report dated January 20, 2023.

As of 30-Jun-2022, promoters held 26.75 per cent stake in the company, while FIIs held 35.94 per cent and domestic institutional investors had 11.83 per cent.

The brokerage upgrades the stock to ADD with an unchanged target price of Rs 700, valuing it at 3.5x FY24E BVPS.

The bank's total income rose 36% at Rs 2,413 as compared with Rs 1,773 crore. Provisions fell 41% at Rs 33 crore against Rs 56 crore.Its asset quality improved with gross non-performing assets ratio falling to 1.81% at the end of December against Rs 2.6% a year back. Net NPA was at 0.51% against 1.29%.

Total income of the Jaipur-based company rose 36 per cent to Rs 2,413 crore, driven by a full 41 per cent jump in net interest income at Rs 1,153 crore. The key profitability metric net interest margin which is the difference between the cost of deposit and loan pricing, at 6.2 per cent.

AU Small Finance Bank Q3: The bank reported 30 percent year-on-year growth in its net profit for the quarter ended December 31, 2022, to Rs 393 crore

On the technical charts, the 200-day moving average of the stock stood at Rs 632.77.

A total of 7,352 shares changed hands on the counter till 11:33AM (IST)

A total of 12,370 shares changed hands on the counter till 10:30AM (IST)

We expect this trend to have gathered more steam in 3QFY23 as banks confidence in these product segments increased due to encouraging macroeconomic data despite reasonably tight monetary and liquidity conditions. For this reason, our top picks in order of preference remain HDFC Bank, ICICI Bank and Axis Bank," it added.

ICICI Prudential Life Insurance, ICICI Lombard General Insurance, Bank of India, Metro Brands, National Aluminium, Tata Investment Corporation, Eris Lifesciences, Network 18 Media & Investments, TV18 Broadcast, Delta Corp, Mastek, Hathway

On the technical charts, the RSI of the stock stood at 35.81.

On the technical charts, the RSI of the stock stood at 40.01.

A total of 19,362 shares changed hands on the counter till 11:12AM (IST)

On the technical charts, the RSI of the stock stood at 53.11.

As of 30-Jun-2022, promoters held 26.75 per cent stake in the company, while FIIs held 35.94 per cent and domestic institutional investors had 11.83 per cent.

"The policymakers are concerned over inflation, which means more hikes are in the offing," said Debendra Kumar Dash, senior vice president, treasury, at AU Small Finance Bank.

"The policymakers are concerned over inflation, which means more hikes are in the offing," said Debendra Kumar Dash, senior vice president, treasury, at AU Small Finance Bank.

A total of 30,558 shares changed hands on the counter till 10:00AM (IST)

As of 30-Jun-2022, promoters held 26.75 per cent stake in the company, while FIIs held 35.94 per cent and domestic institutional investors had 11.83 per cent.

A total of 7,998 shares changed hands on the counter till 10:30AM (IST)

A total of 12,742 shares changed hands on the counter till 12:33PM (IST)

The stock traded at a P/E multiple of 35.29, while the price-to-book value ratio stood at 0.0.

The bank has hiked its peak FD rate for retail deposits by 25 basis points, from existing 7.5 percent to 7.75 percent for regular customers and 8 percent to 8.25 percent for senior citizens

On the technical charts, the RSI of the stock stood at 60.73.

The stock quoted a 52-week high price of Rs 732.9 and a 52-week low of Rs 467.5.

Bankers said strong balance sheets in some sectors, sharp volatility in the stock market, high valuations, and consistent selling by foreign portfolio investors (FPIs) through most of 2022 have kept companies away from raising funds through QIPs.

Sharekhan is bullish on AU Small Finance Bank has recommended buy rating on the stock with a target price of Rs 800 in its research report dated December 08, 2022.

On the technical charts, the RSI of the stock stood at 75.1.

A total of 18,319 shares changed hands on the counter till 12:07PM (IST)

Motilal Oswal is bullish on AU Small Finance Bank recommended buy rating on the stock with a target price of Rs 750 in its research report dated December 07, 2022.

AU Small Finance Bank, incorporated in the year 1996, is a banking company (having a market cap of Rs 44802.03 Crore).

Morgan Stanley maintained its overweight rating on ICICI Bank with a target price of Rs 1250 with an upside of over 35% from Rs 921 recorded on December 6 , 2022.

The stock quoted a 52-week high price of Rs 732.9 and a 52-week low of Rs 467.5.

Oil prices fell over 3% on Monday as protests in China over strict COVID-19 curbs fuelled concerns over demand. Including this, crude prices have tumbled more than 8% in a four-session losing streak.India imports more than two-thirds of its oil requirements and a fall in global crude should help lower imported inflation and reduce the pressure on the Reserve Bank of India to raise rates.

A total of 16,231 shares changed hands on the counter till 01:27PM (IST)

For ICICI Securities, the BFSI space witnessed healthy earnings upgrades (led by corporate banks), while marginal upgrades were witnessed in the FMCG, IT and oil & gas space. Domestic brokerage firm Motilal Oswal has maintained an overweight stance on BFSI, auto, consumer & IT and an underweight stance on energy, pharma and utilities.

"We see BOB continuing to lead the PSB turnaround story beyond State Bank of India (SBI) on a more diversified/safer book and a more advanced digital strategy. We remain positive on SBI (Neutral) but see a narrowing scope for positive surprises," BofA analyst Anand Swaminathan said in a report on Thursday.

Of the 12 constituents, PNB rallied up to 9%, while other banks, including Bank of Baroda and AU Small Finance Bank gained around 3%.