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    Au Small Fin Bank shares gain 2.67% as Sensex rises

    Synopsis

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

    Tech View
    Analysts see 15,900 to continue to pose as the immediate resistance.
    Shares of Au Small Finance Bank Ltd. traded 2.67 per cent up at Rs 632.8 at 10:15AM (IST) on Monday, even as BSE benchmark Sensex gained 467.59 points to 61089.36. The scrip had closed at Rs 616.35 in the previous session.

    The stock quoted a 52-week high and 52-week low of Rs 732.9 and Rs 524.8, respectively.

    As per BSE data, total traded volume on the counter till 10:15AM (IST) stood at 10:15AM shares with turnover at Rs 1.05 crore.

    At the current price, the stock trades at 31.18 times its trailing 12-month EPS of Rs 20.25 per share and 0.0 times its price-to-book value, BSE data showed.

    A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

    The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 0.87.

    Shareholding Details
    Promoters held 51.1 per cent stake in the company as of 31-Dec-2022, while FIIs owned 79.22 per cent and DIIs 41.28 per cent.



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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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