AU Small Finance Bank share rises 3% after lender launches QIP issue
AU Small Finance Bank share touched an intraday high of Rs 1,268, rising 2.98% against previous close of Rs 1,232.55 on BSE
BusinessToday.In | March 10, 2021 | Updated 14:44 IST
AU Small Finance Bank stock has gained after 3 days of consecutive fall.
AU Small Finance Bank share climbed 3% today after the lender launched its qualified institutional placement (QIP) issue to raise growth capital. The large cap stock has gained after 3 days of consecutive fall. The share touched an intraday high of Rs 1,268, rising 2.98% against previous close of Rs 1,232.55 on BSE.
AU Small Finance stock is trading higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages. Market cap of the bank rose to Rs 38,435 crore on BSE. In one year, the bank has gained 17.9% and risen 46.87% since the beginning of this year.