{"id":326137,"date":"2026-10-26T10:36:43","date_gmt":"2026-10-26T05:06:43","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=326137"},"modified":"2026-10-26T10:36:43","modified_gmt":"2026-10-26T05:06:43","slug":"small-finance-banks-shares-au-and-ujjivan-stocks-crash-6-what-should-investors-do-buy-or-sell-target-price-upside-26-october-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/small-finance-banks-shares-au-and-ujjivan-stocks-crash-6-what-should-investors-do-buy-or-sell-target-price-upside-26-october-2026\/","title":{"rendered":"Small Finance Banks Shares: AU and Ujjivan Stocks Crash 6%, What Should Investors Do? Buy or Sell? Target Price and Upside"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Small finance banks shares fell sharply on Monday, 26 Oct 2026. AU Small Finance Bank was down about 6.2% at Rs 875.40 around 10:30 AM after hitting Rs 845.40, while Ujjivan Small Finance Bank fell as much as 6.3% to Rs 54.44 before paring losses to about 2.3% at Rs 56.77. The headline attributes the fall to weak sentiment in the market, and I found no company-specific trigger.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Small finance banks shares fell on 26 Oct even though both AU and Ujjivan reported strong Q2 FY27 profit growth, 53% for AU and about 200% for Ujjivan from a low base. AU&#8217;s 14-day RSI is about 14.9 and Ujjivan&#8217;s is about 26.0, which are deeply oversold readings, but both trade below their SuperTrend upper bands and their 200-day averages. Ujjivan&#8217;s brokerage targets of Rs 86 and Rs 90 date from 2 Sep and pre-date the Q2 numbers, and I could not find fresh post-Q2 targets for AU. This is educational and not a buy or sell recommendation.<\/p>\n<\/p><\/div>\n<p>Small finance banks shares are sensitive to credit-cycle fears, because the banks lend to smaller borrowers and rely on microfinance and unsecured loans. A weak market day can therefore hit the group harder than large private banks.<\/p>\n<p>This article covers the price move, the Q2 numbers for both banks, valuation, technical levels, brokerage targets and the risks to check before you decide to buy or sell. It is educational and not advice.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=small-finance-banks-shares-au-and-ujjivan-stocks-crash-6-what-should-investors-do-buy-or-sell-target-price-upside-26-october-2026\">Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/small-finance-banks-shares-au-and-ujjivan-stocks-crash-6-what-should-investors-do-buy-or-sell-target-price-upside-26-october-2026\/#Small_Finance_Banks_Shares_AU_and_Ujjivan_at_a_Glance\" title=\"Small Finance Banks Shares: AU and Ujjivan at a Glance\">Small Finance Banks Shares: AU and Ujjivan at a Glance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/small-finance-banks-shares-au-and-ujjivan-stocks-crash-6-what-should-investors-do-buy-or-sell-target-price-upside-26-october-2026\/#Why_Small_Finance_Banks_Shares_Fell\" title=\"Why Small Finance Banks Shares Fell\">Why Small Finance Banks Shares Fell<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/small-finance-banks-shares-au-and-ujjivan-stocks-crash-6-what-should-investors-do-buy-or-sell-target-price-upside-26-october-2026\/#Small_Finance_Banks_Shares_AU_Small_Finance_Bank_Q2_FY27_Numbers\" title=\"Small Finance Banks Shares: AU Small Finance Bank Q2 FY27 Numbers\">Small Finance Banks Shares: AU Small Finance Bank Q2 FY27 Numbers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/small-finance-banks-shares-au-and-ujjivan-stocks-crash-6-what-should-investors-do-buy-or-sell-target-price-upside-26-october-2026\/#Small_Finance_Banks_Shares_Ujjivan_Small_Finance_Bank_Q2_FY27_Numbers\" title=\"Small Finance Banks Shares: Ujjivan Small Finance Bank Q2 FY27 Numbers\">Small Finance Banks Shares: Ujjivan Small Finance Bank Q2 FY27 Numbers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/small-finance-banks-shares-au-and-ujjivan-stocks-crash-6-what-should-investors-do-buy-or-sell-target-price-upside-26-october-2026\/#Small_Finance_Banks_Shares_Technical_Levels\" title=\"Small Finance Banks Shares: Technical Levels\">Small Finance Banks Shares: Technical Levels<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/small-finance-banks-shares-au-and-ujjivan-stocks-crash-6-what-should-investors-do-buy-or-sell-target-price-upside-26-october-2026\/#Buy_or_Sell_Small_Finance_Banks_Shares_What_Brokerages_Said_About_Ujjivan\" title=\"Buy or Sell Small Finance Banks Shares: What Brokerages Said About Ujjivan\">Buy or Sell Small Finance Banks Shares: What Brokerages Said About Ujjivan<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/small-finance-banks-shares-au-and-ujjivan-stocks-crash-6-what-should-investors-do-buy-or-sell-target-price-upside-26-october-2026\/#Risks_to_Check_Before_You_Buy_or_Sell_Small_Finance_Banks_Shares\" title=\"Risks to Check Before You Buy or Sell Small Finance Banks Shares\">Risks to Check Before You Buy or Sell Small Finance Banks Shares<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/small-finance-banks-shares-au-and-ujjivan-stocks-crash-6-what-should-investors-do-buy-or-sell-target-price-upside-26-october-2026\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/small-finance-banks-shares-au-and-ujjivan-stocks-crash-6-what-should-investors-do-buy-or-sell-target-price-upside-26-october-2026\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/small-finance-banks-shares-au-and-ujjivan-stocks-crash-6-what-should-investors-do-buy-or-sell-target-price-upside-26-october-2026\/#Why_did_small_finance_banks_shares_fall_today\" title=\"Why did small finance banks shares fall today?\">Why did small finance banks shares fall today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/small-finance-banks-shares-au-and-ujjivan-stocks-crash-6-what-should-investors-do-buy-or-sell-target-price-upside-26-october-2026\/#Should_I_buy_or_sell_AU_Small_Finance_Bank_shares\" title=\"Should I buy or sell AU Small Finance Bank shares?\">Should I buy or sell AU Small Finance Bank shares?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/small-finance-banks-shares-au-and-ujjivan-stocks-crash-6-what-should-investors-do-buy-or-sell-target-price-upside-26-october-2026\/#What_is_the_Ujjivan_SFB_target_price\" title=\"What is the Ujjivan SFB target price?\">What is the Ujjivan SFB target price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/small-finance-banks-shares-au-and-ujjivan-stocks-crash-6-what-should-investors-do-buy-or-sell-target-price-upside-26-october-2026\/#What_were_AU_Small_Finance_Banks_Q2_results\" title=\"What were AU Small Finance Bank&#8217;s Q2 results?\">What were AU Small Finance Bank&#8217;s Q2 results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/small-finance-banks-shares-au-and-ujjivan-stocks-crash-6-what-should-investors-do-buy-or-sell-target-price-upside-26-october-2026\/#What_were_Ujjivan_Small_Finance_Banks_Q2_results\" title=\"What were Ujjivan Small Finance Bank&#8217;s Q2 results?\">What were Ujjivan Small Finance Bank&#8217;s Q2 results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/small-finance-banks-shares-au-and-ujjivan-stocks-crash-6-what-should-investors-do-buy-or-sell-target-price-upside-26-october-2026\/#Are_small_finance_banks_shares_oversold\" title=\"Are small finance banks shares oversold?\">Are small finance banks shares oversold?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/small-finance-banks-shares-au-and-ujjivan-stocks-crash-6-what-should-investors-do-buy-or-sell-target-price-upside-26-october-2026\/#Is_this_small_finance_banks_shares_article_investment_advice\" title=\"Is this small finance banks shares article investment advice?\">Is this small finance banks shares article investment advice?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/small-finance-banks-shares-au-and-ujjivan-stocks-crash-6-what-should-investors-do-buy-or-sell-target-price-upside-26-october-2026\/#Is_this_article_investment_advice\" title=\"Is this article investment advice?\">Is this article investment advice?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Small_Finance_Banks_Shares_AU_and_Ujjivan_at_a_Glance\"><\/span><strong>Small Finance Banks Shares: AU and Ujjivan at a Glance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Small finance banks shares: measure (NSE, about 10:30 AM)<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">AU Small Finance Bank<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Ujjivan Small Finance Bank<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Last price<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 875.40<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 56.77<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Day move<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Down 6.16%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Down 2.29%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Previous close<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 932.90<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 58.10<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Day low<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 845.40 (down about 9.4%)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 54.44 (down about 6.3%)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">52-week high and low<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 1,144.10 and Rs 831.65<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 73.94 and Rs 49.24<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Distance from 52-week high<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 23.5% below<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 23.2% below<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Market capitalisation<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 70,216 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 11,327 crore<\/td>\n<\/tr>\n<\/table>\n<p>The distances and day-low declines are my calculations from data provider prices. Note that the Ujjivan Small Finance Bank share price recovered much of its early loss, so the headline figure of 6% describes its intraday low and not the level at 10:30 AM. The AU Small Finance Bank share price was still down more than 6% at that time, and it stayed near the day low. Small finance banks shares often move together on such days.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/screeners\">Track bank stocks and set price alerts on the Univest screeners page<\/a><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Small_Finance_Banks_Shares_Fell\"><\/span><strong>Why Small Finance Banks Shares Fell<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The headline says AU and Ujjivan fell amid weak sentiment in the Indian stock market. The Nifty opened weak on 26 Oct, with Business Standard reporting it down about 0.63% near 22,461 at 9:48 AM, and it later recovered to near 22,654 to 22,687. The Nifty fell 2.36% last week and the Midcap index fell 5.6%, so risk appetite for small finance banks shares is low.<\/p>\n<p>I could not find a reported company-specific reason. For AU, the fall came after Q2 numbers released last week showing a 53% profit rise, and for Ujjivan it follows a decline from Rs 62.82 on 16 Oct, when the Q2 results came out, to Rs 56.77 now, a drop of about 9.6% (my calculation). Without a stated trigger, the move in small finance banks shares looks like selling driven by sentiment and by positioning.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Small_Finance_Banks_Shares_AU_Small_Finance_Bank_Q2_FY27_Numbers\"><\/span><strong>Small Finance Banks Shares: AU Small Finance Bank Q2 FY27 Numbers<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Small finance banks shares: AU item<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Q2 FY27<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Change<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Net profit<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 858 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 53% from Rs 561 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Net interest income<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 2,820 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 32% year on year<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Net interest margin<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">5.8%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 33 basis points<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Total deposits<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 1,70,460 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 28.6% year on year<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">CASA ratio<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">29.5%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">CASA deposits Rs 50,289 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Gross loan portfolio<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 1,53,769 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 25.1% year on year<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Gross NPA and net NPA<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">1.99% and 0.81%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Gross NPA improved 42 basis points<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">H1 net profit<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 1,654 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 45%<\/td>\n<\/tr>\n<\/table>\n<p>AU&#8217;s quarter was strong on every line reported, yet the AU Small Finance Bank share price fell to Rs 875.40. The valuation helps explain why. The data provider shows a trailing price to earnings of 24.59 against an industry level of 12.28, a price to book of 3.56 and a return on equity of 14.47%, so the bank carries a premium that leaves little room for disappointment. A broad sell-off in small finance banks shares can compress that premium quickly.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Small_Finance_Banks_Shares_Ujjivan_Small_Finance_Bank_Q2_FY27_Numbers\"><\/span><strong>Small Finance Banks Shares: Ujjivan Small Finance Bank Q2 FY27 Numbers<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Small finance banks shares: Ujjivan item<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Q2 FY27<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Change<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Net profit<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 365 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up about 200% from Rs 121.72 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Net interest income<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 1,244 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 35% year on year<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Net interest margin<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">8.4%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 55 basis points<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Total deposits<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 50,643 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 29.2% year on year<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">CASA ratio<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">26%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">CASA deposits Rs 13,176 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Gross loan book<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 45,699 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 32.1% year on year<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Gross NPA and net NPA<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">2.10% and 0.31%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Gross NPA down from 2.45%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Capital adequacy ratio<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">20.69%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Down from 21.36%<\/td>\n<\/tr>\n<\/table>\n<p>The 200% profit rise comes off a low base of Rs 121.72 crore a year earlier, so growth over the next quarters will look smaller. Ujjivan also lined up a preferential issue of Rs 409 crore from IFC, Bajaj Life Insurance, HDFC Life Insurance and Aditya Birla Sun Life Insurance, subject to shareholder approval. At Rs 56.77, the Ujjivan Small Finance Bank share price shows a trailing price to earnings of 9.86 against 12.28 for the industry, a price to book of 1.52 and a return on equity of 15.45%, so Ujjivan is the lower-priced of the two small finance banks shares on every valuation measure.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Small_Finance_Banks_Shares_Technical_Levels\"><\/span><strong>Small Finance Banks Shares: Technical Levels<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Small finance banks shares: indicator (daily)<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">AU Small Finance Bank<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Ujjivan Small Finance Bank<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">14-day RSI<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 14.9<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 26.0<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">50-day average<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 1,011.60<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 64.24<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">200-day average<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 1,004.69<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 61.10<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">SuperTrend<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Sell; upper band Rs 968.78, lower band Rs 775.22<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Sell; upper band Rs 65.64, lower band Rs 46.63<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Bollinger lower band<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 912.81<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 58.02<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Nearest support levels<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 845.40 (today&#8217;s low), Rs 831.65 (52-week low)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 54.44 (today&#8217;s low), Rs 49.24 (52-week low)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Nearest resistance levels<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 912.81 to Rs 932.90<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 58.02 to Rs 58.10<\/td>\n<\/tr>\n<\/table>\n<p>An RSI near 15 for AU is extremely low and is rare for a bank of its size, which tells you how sharp the fall has been. Oversold readings in small finance banks shares can lead to a bounce, but both stocks trade below their 50-day and 200-day averages and under SuperTrend resistance, so the trend is still down. These are indicator readings and not forecasts.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track small finance banks shares and set price alerts.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Buy_or_Sell_Small_Finance_Banks_Shares_What_Brokerages_Said_About_Ujjivan\"><\/span><strong>Buy or Sell Small Finance Banks Shares: What Brokerages Said About Ujjivan<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Small finance banks shares: brokerage view (2 Sep 2026)<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Rating<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Target<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Implied upside from Rs 56.77 (my calculation)<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Axis Securities<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Buy<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 86<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 51.5%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">ICICI Securities<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Buy<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 90<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 58.5%<\/td>\n<\/tr>\n<\/table>\n<p>These Ujjivan SFB target price figures were published on 2 Sep, after the managing director&#8217;s exit, and before the Q2 results and the recent fall. Axis values the stock at 1.8 times FY28 adjusted book value, and ICICI Securities cites strong second-line management and microfinance tailwinds. The interim chief executive, Carol Furtado, was appointed with RBI approval for three months, and a permanent successor has not been named, which both brokerages flagged as a near-term uncertainty.<\/p>\n<p>I could not find fresh post-Q2 targets for AU, and the older ones I found were set when the stock traded much higher, so I have not quoted them. Brokerage views on small finance banks shares can change quickly after a sharp fall. Please check the latest broker reports before you rely on any target.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Risks_to_Check_Before_You_Buy_or_Sell_Small_Finance_Banks_Shares\"><\/span><strong>Risks to Check Before You Buy or Sell Small Finance Banks Shares<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li><strong>Sentiment.<\/strong> Small finance banks shares fall faster than large banks when markets weaken.<\/li>\n<li><strong>Valuation.<\/strong> Among small finance banks shares, AU trades at 24.59 times earnings against an industry level of 12.28.<\/li>\n<li><strong>Leadership.<\/strong> Ujjivan has an interim chief executive and is searching for a permanent one.<\/li>\n<li><strong>Asset quality.<\/strong> Gross NPA of 2.10% at Ujjivan and 1.99% at AU is acceptable now, but unsecured lending can deteriorate quickly and hit small finance banks shares.<\/li>\n<li><strong>Capital and dilution.<\/strong> Ujjivan&#8217;s Rs 409 crore preferential issue needs shareholder approval.<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Small finance banks shares fell on 26 Oct despite strong Q2 numbers from AU and Ujjivan, and the headline puts it down to weak sentiment. The AU Small Finance Bank share price looks premium-valued and deeply oversold, the Ujjivan Small Finance Bank share price looks lower-priced but carries leadership uncertainty, and the Ujjivan SFB target price figures pre-date the latest fall. Check the facts and decide according to your own risk profile.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Why_did_small_finance_banks_shares_fall_today\"><\/span><strong>Why did small finance banks shares fall today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The headline says AU Small Finance Bank and Ujjivan Small Finance Bank shares plunged amid weak sentiment in the Indian stock market. I could not find a company-specific trigger. AU was down about 6.2% at Rs 875.40 around 10:30 AM and Ujjivan was down about 2.3% after falling as much as 6.3%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_buy_or_sell_AU_Small_Finance_Bank_shares\"><\/span><strong>Should I buy or sell AU Small Finance Bank shares?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> That depends on your horizon and risk profile. AU reported a 53% rise in Q2 profit to Rs 858 crore and its 14-day RSI is about 14.9, but it trades at 24.59 times earnings against an industry level of 12.28 and below its SuperTrend upper band near Rs 968.78. This is not a recommendation.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Ujjivan_SFB_target_price\"><\/span><strong>What is the Ujjivan SFB target price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> On 2 Sep, Axis Securities had a Buy with a target of Rs 86 and ICICI Securities had a Buy with a target of Rs 90. Those were set before the Q2 results and the latest fall, so please check for fresh reports.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_were_AU_Small_Finance_Banks_Q2_results\"><\/span><strong>What were AU Small Finance Bank&#8217;s Q2 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> AU reported a Q2 FY27 net profit of Rs 858 crore, up 53% from Rs 561 crore. Net interest income was Rs 2,820 crore, net interest margin was 5.8%, deposits were Rs 1,70,460 crore and gross NPA was 1.99%. The result did not stop small finance banks shares from falling.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_were_Ujjivan_Small_Finance_Banks_Q2_results\"><\/span><strong>What were Ujjivan Small Finance Bank&#8217;s Q2 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Ujjivan reported a Q2 FY27 net profit of Rs 365 crore against Rs 121.72 crore a year earlier. Net interest margin was 8.4%, gross NPA was 2.10% and net NPA was 0.31%. It also lined up a Rs 409 crore preferential issue.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Are_small_finance_banks_shares_oversold\"><\/span><strong>Are small finance banks shares oversold?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> On the data provider&#8217;s daily indicators, AU&#8217;s 14-day RSI is about 14.9 and Ujjivan&#8217;s is about 26.0, both in the oversold zone. Both still trade below their 200-day averages and under SuperTrend resistance, so an oversold reading does not mean a rebound is certain.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_this_small_finance_banks_shares_article_investment_advice\"><\/span><strong>Is this small finance banks shares article investment advice?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. This article is educational. Prices, ratios and targets come from data providers and news reports and may change. Please check the facts and your own risk profile before you buy or sell.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_this_article_investment_advice\"><\/span><strong>Is this article investment advice?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. It is educational and not a recommendation to buy or sell. Please check the figures against company filings and your own risk profile before you act on anything you read here.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Why did small finance banks shares fall today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The headline says AU Small Finance Bank and Ujjivan Small Finance Bank shares plunged amid weak sentiment in the Indian stock market. I could not find a company-specific trigger. AU was down about 6.2% at Rs 875.40 around 10:30 AM and Ujjivan was down about 2.3% after falling as much as 6.3%.\"}},{\"@type\":\"Question\",\"name\":\"Should I buy or sell AU Small Finance Bank shares?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"That depends on your horizon and risk profile. AU reported a 53% rise in Q2 profit to Rs 858 crore and its 14-day RSI is about 14.9, but it trades at 24.59 times earnings against an industry level of 12.28 and below its SuperTrend upper band near Rs 968.78. This is not a recommendation.\"}},{\"@type\":\"Question\",\"name\":\"What is the Ujjivan SFB target price?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"On 2 Sep, Axis Securities had a Buy with a target of Rs 86 and ICICI Securities had a Buy with a target of Rs 90. Those were set before the Q2 results and the latest fall, so please check for fresh reports.\"}},{\"@type\":\"Question\",\"name\":\"What were AU Small Finance Bank's Q2 results?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"AU reported a Q2 FY27 net profit of Rs 858 crore, up 53% from Rs 561 crore. Net interest income was Rs 2,820 crore, net interest margin was 5.8%, deposits were Rs 1,70,460 crore and gross NPA was 1.99%. The result did not stop small finance banks shares from falling.\"}},{\"@type\":\"Question\",\"name\":\"What were Ujjivan Small Finance Bank's Q2 results?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Ujjivan reported a Q2 FY27 net profit of Rs 365 crore against Rs 121.72 crore a year earlier. Net interest margin was 8.4%, gross NPA was 2.10% and net NPA was 0.31%. It also lined up a Rs 409 crore preferential issue.\"}},{\"@type\":\"Question\",\"name\":\"Are small finance banks shares oversold?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"On the data provider's daily indicators, AU's 14-day RSI is about 14.9 and Ujjivan's is about 26.0, both in the oversold zone. Both still trade below their 200-day averages and under SuperTrend resistance, so an oversold reading does not mean a rebound is certain.\"}},{\"@type\":\"Question\",\"name\":\"Is this small finance banks shares article investment advice?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No. This article is educational. Prices, ratios and targets come from data providers and news reports and may change. Please check the facts and your own risk profile before you buy or sell.\"}},{\"@type\":\"Question\",\"name\":\"Is this article investment advice?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No. It is educational and not a recommendation to buy or sell. Please check the figures against company filings and your own risk profile before you act on anything you read here.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Small finance banks shares fell on 26 Oct as AU and Ujjivan slid about 6% intraday. See Q2 numbers, valuation, RSI, support levels and brokerage targets before you decide.<\/p>\n","protected":false},"author":34,"featured_media":326136,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[15691,15685,15688,15690,15687,15689,15684,15692,15686,5891],"class_list":["post-326137","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-au-sfb-q2-results","tag-au-small-finance-bank-share-price","tag-buy-or-sell-au-sfb","tag-oversold-bank-stocks","tag-sfb-stocks-fall","tag-small-finance-bank-q2-results","tag-small-finance-banks-shares","tag-ujjivan-sfb-q2-results","tag-ujjivan-sfb-target-price","tag-ujjivan-small-finance-bank-share-price"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["326136"],"rank_math_title":["Small Finance Banks Shares: AU, Ujjivan Fall, Buy or Sell?"],"rank_math_description":["Small finance banks shares fell on 26 Oct as AU and Ujjivan slid about 6% intraday. See Q2 numbers, valuation, RSI, support levels and brokerage targets before deciding."],"rank_math_focus_keyword":["small finance banks shares"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/small-finance-banks-shares-au-and-ujjivan-stocks-crash-6-what-should-investors.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/326137","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=326137"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/326137\/revisions"}],"predecessor-version":[{"id":326138,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/326137\/revisions\/326138"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/326136"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=326137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=326137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=326137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}