Actions by Au Small Finance Bank Ltd. traded 0.32 percent up at Rs 583.6 at 01:39PM (IST) on Friday, even as BSE benchmark Sensex gained 412.77 points to 72463.15.
The share settled at Rs 581.7 in the previous session. The stock quoted a 52-week high price of Rs 813.0 and a 52-week low of Rs 548.15, respectively. According to BSE data, total trading volume on the counter till 01:39PM (IST) stood at 35409 shares with a turnover of Rs 2.06 crore.
At the current price, the stock was trading at 24.54 times its trailing 12-month earnings per share of Rs 23.75 per share and 0.0 times its price-to-book value, exchange data showed.
A higher P/E ratio shows that investors are willing to pay a higher share price today because of growth expectations in the future.
Price-to-book value indicates the intrinsic value of a company and reflects the price investors are willing to pay even for no growth in the business. The stock’s Beta value, which measures its volatility relative to the broader market, stood at 0.87.
Stock Details
Promoters held 25.46 percent stake in the company as on 31-Dec-2023, while FIIs owned 41.12 percent and DIIs 11.71 percent.
Techniques
On the technical charts, the relative strength index (RSI) of the stock stood at 25.01. The RSI oscillates between zero and 100. Traditionally, it is considered an overbought condition when the RSI value is above 70 and an oversold condition when it is below 30. Chartists say that RSI should not be viewed in isolation, as it may not be enough to take. trading call, just as fundamental analysts cannot give a ‘buy’ or ‘sell’ recommendation using a single valuation ratio.