Most analysts believe the company will continue gaining market share in technology adoption. Given strong deal wins, robust revenue guidance and a ₹9,300-crore buyback announcement, analysts said the stock has a 15-20% upside in the near term. The stock closed at ₹1,477 on Friday.
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