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    Au Small Fin Bank shares drop 2.05% as Sensex falls

    Synopsis

    A total of 196,374 shares changed hands on the counter till 12:29PM (IST)

    A broker watches a TV news channel as another monitors share prices at a brokerage firm in MumbaiReuters
    On an immediate basis, 15,770/52,500 and 15,850/52,700 levels would be major hurdles.
    Shares of Au Small Finance Bank Ltd. traded 2.05 per cent down at Rs 678.9 at 12:29PM (IST) on Wednesday, even as BSE benchmark Sensex dropped 52.28 points to 59674.73. The scrip had settled at Rs 693.1 in the previous session.

    The stock quoted a 52-week high and 52-week low of Rs 732.9 and Rs 538.8, respectively.

    As per BSE data, total traded volume on the counter till 12:29PM (IST) stood at 12:29PM shares with turnover at Rs 13.42 crore.

    At the current price, shares of the company trades at 33.59 times its trailing 12-month earnings per share of Rs 20.25 per share and 0.0 times its price-to-book value, the exchange 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 25.55 per cent stake in the company as of 31-Dec-2022, while FIIs owned 39.61 per cent and DIIs 20.64 per cent.
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