Small finance banks shares: AU and Ujjivan stocks crash 6% - What should investors do? Buy or sell? Target price, return
New Delhi, Oct. 26 -- AU Small Finance Bank and Ujjivan Small Finance Bank shares plunged over 6% in Monday's trading session amid weak sentiment in the Indian stock market.
AU Small Finance Bank share price opened at Rs.884 per share today, as compared to the previous close of Rs.932.90 on Friday and touched an intraday low of Rs.845.40. Meanwhile, Ujjivan Small Finance Bank share price opened at Rs.57.60 on NSE today, as compared to the previous close of Rs.58.10 last week. The banking stock touched an intraday low of Rs.54.44 today.
Both small finance stocks fell sharply after Sensex and Nifty 50 dropped in early trade on Monday.
AU Small Finance Bank reported a 53% year-on-year increase in net profit to Rs.858 crore for the second ...
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