Buy Au Small Finance Bank, target price Rs 725: ICICI Securities Jobbery Stock Market update

ICICI Securities maintains a buy call on Au Small Finance Bank with an unchanged target price of Rs 725. The bank’s Q4FY25 performance showed sustained growth and operational efficiency, though credit costs in unsecured portfolios remained elevated. Management anticipates NIM pressure but expects credit costs to moderate in FY26, indicating improved asset quality.

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