Au Small Fin Bank Share Price: Au Small Fin Bank shares up 0.63% as Nifty falls

Actions of Au Small Finance Bank Ltd. was trading 0.63 per cent higher at Rs 613.6 on Tuesday around 11:31 am (IST), while the benchmark BSE Sensex fell 100.68 points to 79,548.24.

A total of 38,108 shares worth Rs 2.32 crore were traded in the market.

The stock traded at a 52-week high price of Rs 813.0 and a 52-week low price of Rs 554.0.

On the technical charts, the 200-day moving average of the stock stood at Rs 660.49 while the 50-day moving average stood at Rs 652.17. If a stock is trading above both the 50-day moving average and the 200-day moving average, it usually means that the immediate trend is bullish. On the other hand, if the stock is trading below both the 50-day moving average and the 200-day moving average, it is considered to be in a bearish trend and if it is trading between the 50-day moving average and the 200-day moving average, then it suggests that the stock can go either way.

The company’s shares have gained 12.97 per cent in the past year, while Sensex has risen 20.79 per cent during the same period. BSE According to the data, the stock is trading at a price-earnings multiple of 27.63 and a price-to-book ratio of 0.0. A higher price-to-earnings ratio shows that investors are willing to pay a higher price due to better expectations of future growth. The price-to-book ratio indicates the inherent value of a company and reflects the price that investors are willing to pay even if there is no growth in a business. The stock belongs to Small-Finance Banks industry.

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