The stock has been on a roll for the last three months, rising over 33 per cent against a 10 per cent gain in the BSE Bankex index and a nearly 7 per cent gain in the benchmark Sensex. The March quarter earnings gave a strong impetus to the stock.
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.
AU Small Finance Bank posted a double-digit growth in PAT and NII on year-on-year basis. The lender s asset quality improved, while provisions dipped as well. Sequentially, the performance was stable.
Stocks to buy today: Stock brokerages have recently come out with research reports on select stocks namely PVR, InterGlobe Aviation (IndiGo), AU Small Finance Bank and Crompton Greaves Consumer Electricals (CG Consumer). All of these stocks have a Buy rating from the respective brokerages, suggesting up to 45 per cent potential upside over the next 12 months. Find out more in this Business Today Visual Story.