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    540611   INE949L01017

AU SMALL FINANCE BANK LIMITED

(540611)
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End-of-day quote Bombay Stock Exchange  -  05-19
1311.30 INR   +4.07%
04/28Nomura Adjusts AU Small Finance Bank's Price Target to 1,400 Indian Rupees From 1,350 Rupees, Keeps at Neutral
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04/27AU Small Finance Bank's Net Profit Surges in Fiscal Q4; Shares Slide 3%
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04/26TRANSCRIPT : AU Small Finance Bank Limited, Q4 2022 Earnings Call, Apr 26, 2022
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Indian shares gain for fourth session as bank, finance stocks rally

01/05/2022 | 05:55am EDT
Bombay Stock Exchange (BSE) in Mumbai

BENGALURU, Jan 5 (Reuters) - Indian shares rose for a fourth straight session on Wednesday, lifted by a rally in banking and financial stocks, recovering from a dip earlier in the day on concerns over a spike in coronavirus cases in the country.

The benchmark indexes were volatile until mid-day, as investors parsed headlines about new pandemic-related curbs across the country.

The NSE Nifty 50 index settled up 0.67% at 17,925.25 and the benchmark S&P BSE Sensex closed 0.61% higher at 60,223.15. Both indexes have gained more than 3% so far this week.

Banking stocks extended their rally to a fifth session, pushing the benchmark indexes higher.

Nifty's bank index, which gained just 13.5% in 2021, has seen a strong start to the new year, advancing more than 6% so far.

Financial stocks Bajaj Finance and Bajaj Finserv were the top Nifty gainers, rising about 5% each.

"Markets have performed very well in the past few days and seem to have already priced in a potentially milder impact from a third wave of coronavirus infections," said Narendra Solanki, head of equity research at Anand Rathi Investment Services.

However, analysts have warned if hospitalizations from the Omicron variant increase, it could impact the markets negatively.

India logged 58,097 new coronavirus cases on Wednesday and authorities have imposed additional restrictions to curb the spread of infections.

The S&P BSE telecom index closed 1% higher, driven by an 8% rise in telecom equipment maker HFCL Ltd .

Bucking the trend, information technology (IT) stocks clocked sharp losses and the Nifty IT index settled nearly 2% lower with all its components closing in the red.

Analysts said the fall in IT shares can be attributed to profit-booking as the sub-index added nearly 60% in 2021 and stock prices have been at high levels.

(Reporting by Shivani Singh in Bengaluru; editing by Uttaresh.V and Vinay Dwivedi)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
AU SMALL FINANCE BANK LIMITED 4.07% 1311.3 End-of-day quote.26.54%
BAJAJ FINANCE LIMITED 1.21% 5776.45 End-of-day quote.-17.21%
BAJAJ FINSERV LIMITED 0.09% 12572.9 Delayed Quote.-23.43%
HFCL LIMITED 2.81% 65.8 End-of-day quote.-16.44%
NIFTY 50 -0.32% 16214.7 Delayed Quote.-6.27%
NIFTY IT 1.54% 29079.3 Delayed Quote.-25.61%
SENSEX 30 -0.07% 54288.61 Real-time Quote.-6.74%
All news about AU SMALL FINANCE BANK LIMITED
04/28Nomura Adjusts AU Small Finance Bank's Price Target to 1,400 Indian Rupees From 1,350 R..
MT
04/27AU Small Finance Bank's Net Profit Surges in Fiscal Q4; Shares Slide 3%
MT
04/26TRANSCRIPT : AU Small Finance Bank Limited, Q4 2022 Earnings Call, Apr 26, 2022
CI
04/26AU Small Finance Bank Limited Proposes Dividend for the Year Ended March 31, 2022
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04/26AU Small Finance Bank Limited Reports Earnings Results for the Fourth Quarter and Full ..
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04/19AU Small Finance Bank Board to Consider Dividend for Fiscal 2022
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04/11AU SMALL FINANCE BANK : ESOP/ESPS/SBEB Scheme
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03/24CARE Assigns AA Rating on AU Small Finance Bank's Bonds on Continued Business Growth; O..
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03/24Au Small Finance Bank Partners with Tata Motors for Car Finance Schemes
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01/31Nomura Adjusts AU Small Finance Bank's Price Target to 1,350 Indian Rupees From 1,300 I..
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Financials
Sales 2022 41 484 M 533 M 533 M
Net income 2022 10 969 M 141 M 141 M
Net Debt 2022 - - -
P/E ratio 2022 37,1x
Yield 2022 0,15%
Capitalization 413 B 5 307 M 5 307 M
Capi. / Sales 2022 9,95x
Capi. / Sales 2023 7,65x
Nbr of Employees 27 817
Free-Float 62,5%
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Mean consensus -
Number of Analysts 0
Last Close Price 1 311,30
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Managers and Directors
Sanjay K. Agarwal Chief Executive Officer, Director & MD
Vimal Jain Chief Financial Officer
Raj Vikash Verma Independent Non-Executive Chairman
Ankur K. Tripathi Chief Information Officer
Sharad Goklani Chief Technology Officer