Au Small Fin Bank Share Price: Au Small Fin Bank shares fall 0.04% as Sensex rises

Actions of Au Small Finance Bank Ltd. was trading 0.04 per cent lower at Rs 612.8 as of 12:43 pm (IST) on Monday, even as BSE benchmark Sensex gained 34.35 points to 80,471.19.

The stock had settled at Rs 613.05 in the previous session. The stock traded at a 52-week high of Rs 813.0 and a 52-week low of Rs 554.0, respectively. As per BSE data, the total volume traded on the counter till 12:43 pm (IST) stood at 18360 shares with a turnover of Rs 1.12 crore.

At current prices, the company’s stock was trading at 27.61 times its trailing 12-month earnings per share of Rs 22.21 per share and 0.0 times its price-to-book ratio, exchange data showed.

A higher price-earnings ratio shows that investors are willing to pay a higher price per share today because of 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 the business. The stock’s Beta value, which measures its volatility relative to the broader market, stood at 0.87. Shareholding data Promoters held 22.92 per cent stake in the company as on June 30, 2024, while FIIs held 39.58 per cent and DIIs 12.45 per cent. Technicians
On the technical charts, the stock’s relative strength index (RSI) stood at 38.38. The RSI oscillates between zero and 100. Traditionally, an overbought condition is considered to exist when the RSI value is above 70 and an oversold condition is considered to exist when it is below 30. Chart analysts claim that the RSI should not be considered in isolation as it may not be sufficient to make a buying decision, just as fundamental analysts cannot give a “buy” or “sell” recommendation using a single valuation ratio.

Source link

Disclaimer:
The information contained in this post is for general information purposes only. We make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the post for any purpose.
We respect the intellectual property rights of content creators. If you are the owner of any material featured on our website and have concerns about its use, please contact us. We are committed to addressing any copyright issues promptly and will remove any material within 2 days of receiving a request from the rightful owner.

Leave a Comment