Shares of Au Small Fin Bank fall as Nifty gains

economictimes.indiatimes.com:

Au Small Finance Bank Ltd. slipped 0.53 per cent to Rs 563.0 in Friday's trade as of 01:04PM (IST). It hit a high of Rs 568.9 and low of Rs 562.2 during the session.
The stock quoted a 52-week high price of Rs 813.0 and a low of Rs 548.15. The return on equity for the stock stood at 13.06 per cent. About 44,892 shares have changed hands on the counter so far.

The stock's beta value, which measures its volatility in relation to the broader market, stood at 0.87.
The scrip has been an underperformer, down 2.86 per cent in the past one year in comparison with a 25.19 per cent gain in Sensex.
Technicals On the technical charts, the 200-day moving average (DMA) of the stock stood at Rs 548.15 on March 22, while the 50-DMA was at Rs 621.56. If a stock trades well above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades well below 50-DMA and 200-DMA both, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.
Promoter/FII Holding Promoters held 25.46 per cent stake in Au Small Finance Bank Ltd. as of 31-Dec-2023. Mutual funds and foreign institutional investors held 11.71 per cent and 41.12 per cent stake.