New Delhi, Feb. 21 -- Shares of AU Small Finance Bank recovered from the day's low on Friday, February 21, after HDFC Mutual Fund increased its stake in the private sector lender. The fund acquired 50,86,927 shares, representing 0.68 percent of the bank's equity, bringing its total holding to 4,10,84,599 shares or 5.52 percent of AU Small Finance Bank's total equity share capital. The acquisition was executed through the open market.

Prior to this transaction, HDFC Mutual Fund, along with Persons Acting in Concert (PACs), held 3,59,97,672 shares, accounting for 4.84 percent of the company's paid-up equity share capital. With the latest acquisition, the fund's holding surpassed the 5 percent threshold, necessitating disclosure under SEBI'...