AU Small Finance Bank said the credit environment continued to remain buoyant during the quarter supported by strong on-ground activity with sustained uptick in demand across businesses.
As the markets enter the results season, market participants will keenly watch the quarterly performance of the companies. This may also decide the future direction of the market.
AU SFB share price: At 3 times FY25 book value, AU SFB stock is expensive because its RoA is equal to or lower than peers including such as ICICI Bank, HDFC Bank and IndusInd Bank that trade cheaper, said a brokerage.