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AUBANK AU Small Finance Bank News Story

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India's AU Small Finance Bank hits record high after foreign investment cap rises

** Shares of AU Small Finance Bank Ltd AUFI.NS rise as much as 3.6% to a record high of 1,007.25 rupees
** Bank gets approval from Ministry of Finance to increase the foreign investment limit in the bank from 49% at present to maximum permissible limit of 74%
** Stock on track to gain for fourth straight week, rising 1.2% so far
** More than 2.7 mln shares traded as of 11:07 A.M. IST vs 30-day moving avg of 2 mln shares
** Mean rating of stock is 'buy'; their median PT is 880 rupees - data compiled by LSEG
** AUFI last up 3%, adding to YTD gains of 73.9%

 (Reporting by Meenakshi Maidas in Bengaluru)

 ((Reporting by Meenakshi Maidas in Bengaluru))

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