India's AU Small Finance Bank rises on Q2 business update

AU Small Finance Bank

07/10/2024 07:58

** Shares of AU Small Finance Bank  AUFI.NS  rise as much as
3.3% to 742.45 rupees
    ** Co on Friday said its provisional Q2 total deposits grew
12.7% q/q and gross advances grew 5.9%
    ** Mean rating of 23 brokerages rating the stock is 'buy';
their median PT is 732.50 rupees - LSEG data
    ** With session's gains, stock is down 6.7% YTD so far,
compared to a gain of 5.7% in Nifty bank index  .NSEBANK 
    ** AUFI is among 5 stocks on 12-member Nifty Bank index to
have declined YTD

 (Reporting by Meenakshi Maidas in Bengaluru)
 ((meenakshi.maidas@thomsonreuters.com;))