AU Small Finance Bank Q2 profit up 52.9%, support at 830

AU Small Finance Bank Q2 FY27 profit rose 52.9% to Rs 858 crore, with resistance at Rs 1,036 and major support at Rs 830. AU Small Finance Bank Limited [

] reported a 52.9% jump in Q2 FY27 profit on 24 October, after the stock closed down 2.20% at Rs 932.90 on Friday, its fifth straight negative close. Net profit rose to Rs 858 crore from Rs 561 crore a year ago. Net interest income grew 31.5% to Rs 2,820 crore, with net interest margin at 5.8%. Gross NPA eased to 1.99% from 2.41%. Deposits grew 29% and loans grew 25%. The results came after the stock broke the Rs 941 support and fell below its 200-day average of Rs 1,034 and a long rising trendline from March 2025. The stock is about 18.5% below its September high near Rs 1,145. RSI is 31.96, below its average of 40.90, close to oversold. The short-term trend is bearish. Resistance is the Rs 1,015 to Rs 1,036 zone, where the 200-day average and the broken trendline meet. Major support is Rs 830, the March low. A close above Rs 1,036 would repair the breakdown. A close below Rs 830 would break the uptrend. Volume matters most. Disclosure: I do not hold any position in this stock. This is not a recommendation to buy or sell. Investments in securities markets are subject to market risks. Read all related documents carefully before investing.