From the BSE pack, the market cap of seven companies dropped below Rs 1 lakh crore mark. However, these companies started the year above those levels. The stock fell between 10 per cent and 50 per cent (Data Source: ACE Equity). However, on SWOT analysis, all these companies have more strengths than weaknesses, and have an upside potential of around 30 per cent, according to trendlyne data. Most of them are either debt-free or low-debt companies. Take a look:
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs