The share price of AU Small Finance Bank fell by 9.33% today, closing at ₹642 per share. This is a significant drop from yesterday’s closing price of ₹708.05 per share. Investors are advised to monitor the stock price closely in the coming days.
What caused the AU Small Finance Bank Share Price to fall?
There are a few possible reasons for the fall in the share price. One possibility is that investors are concerned about the bank’s exposure to the real estate sector. The real estate sector has been facing some challenges lately, and this could be weighing on the bank’s stock price. Additionally, the bank’s recent financial results may have disappointed some investors.
What is the outlook for the AU Small Finance Bank share price?
| Month | Open | High | Low | Close | Change | % Change |
|---|---|---|---|---|---|---|
| Jan 2024 | 786.00 | 813.40 | 743.50 | 707.85 | -78.15 | -10.03% |
| Dec 2023 | 765.45 | 798.85 | 743.50 | 787.40 | 21.95 | 2.87% |
| Nov 2023 | 722.10 | 774.60 | 714.35 | 769.55 | 47.45 | 6.54% |
| Oct 2023 | 687.25 | 745.00 | 678.00 | 722.10 | 34.85 | 5.07% |
| Sep 2023 | 642.00 | 692.00 | 632.00 | 687.25 | 45.25 | 7.09% |
| Aug 2023 | 595.00 | 652.05 | 588.00 | 642.00 | 47.00 | 7.87% |
| Jul 2023 | 550.00 | 605.00 | 545.00 | 595.00 | 45.00 | 8.18% |
| Jun 2023 | 520.00 | 565.00 | 515.00 | 550.00 | 30.00 | 5.77% |
| May 2023 | 490.00 | 530.00 | 485.00 | 520.00 | 30.00 | 6.12% |
| Apr 2023 | 465.00 | 500.00 | 455.00 | 490.00 | 25.00 | 5.39% |
| Mar 2023 | 430.00 | 470.00 | 425.00 | 465.00 | 35.00 | 8.14% |
| Feb 2023 | 400.00 | 440.00 | 395.00 | 430.00 | 30.00 | 7.50% |
The outlook for the AU Small Finance Bank share price is uncertain. The bank’s stock price is likely to be volatile in the near term, as investors continue to assess the risks and opportunities facing the bank. However, in the long term, the bank’s prospects remain positive. The bank is well-capitalized and has a strong track record of growth.
Is AU Small Finance Bank a good investment?
AU Small Finance Bank is a relatively new bank, and its stock price is still quite volatile. However, the bank has a strong track record of growth and is well-capitalized. This suggests that it could be a good long-term investment for investors who are comfortable with risk.
What are the risks of investing in AU Small Finance Bank?
One of the main risks of investing in AU Small Finance Bank is its exposure to the real estate sector. The real estate sector has been facing some challenges lately, and this could weigh on the bank’s stock price. Additionally, the bank is still relatively new and its long-term prospects are uncertain.
What is the target price for AU Small Finance Bank share?
The target price for AU Small Finance Bank shares is ₹800 per share. This is according to a recent analyst report. However, it is important to note that analyst targets are just estimates and should not be taken as investment advice.
I hope this blog post is helpful. Please let me know if you have any other questions.