AU Small Finance Bank share price jumped over 6 percent on January 5

AU Small Finance Bank

AU Small Finance Bank share price jumped over 6 percent on January 5 with the stock gaining over 15 percent in the last five days.

Global research and broking firm Morgan Stanley has an ‘overweight’ call on the stock with a target at Rs 1,500 per share, an upside of over 28 percent from the current level.

The research firm is of the view that the third quarter AUM growth was strong helped by a 36 percent on-year growth in disbursements, adding that collection efficiency remains strong with no restructuring during the period.

News Source:- Moneycontrol

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