Au Small Fin Bank stock price up 0.46 per cent as Sensex slides
Au Small Finance Bank Ltd. rose 0.46 per cent to Rs 562.3 at 11:06AM hours (IST) on Wednesday. Earlier in the day, the stock saw a gap up start to the session.
As per data available on BSE, total traded quantity on the counter stood at 19,529 shares with a turnover of Rs 1.09 crore till 11:06AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 23.44, while the price-to-book value ratio stood at 0.0.
Return on equity (ROE) was at 13.06 per cent, according to exchange data. The stock hit an intraday high of Rs 568.5 and a low of Rs 554.0 during the session and quoted a 52-week high price of Rs 813.0 and a 52-week low of Rs 548.15.
The stock's beta value, which measures its volatility in relation to the broader market, stood at 0.87.
Technical Indicators
The 200-DMA (day moving average) of the stock stood at Rs 709.37 on March 20, while the 50-DMA was at Rs 630.0. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
The Relative Strength Index (RSI) of the stood at 35.64. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.
Promoter holding
As of 31-Dec-2023, promoters held 25.46 per cent stake in the company, while FIIs held 41.13 per cent and domestic institutional
