Analysts remain bullish on Aadhar Housing Finance, with some raising target prices following the company’s December quarter numbers that came in line with their estimates. The company continues to maintain its leadership position among the affordable housing finance companies (AHFCs), with an AUM of â‚ą240 billion as of December 2024. Analysts note that the company’s…
Here’s a quick look at stocks likely to be in focus in today’s trade. ITC: Diversified conglomerate ITC Ltd announced a 7 percent year-on-year (YoY) decline in consolidated net profit for the quarter ended December 31, 2024, at â‚ą4,935 crore. This profit is attributable to the owners of the company. In the corresponding quarter of…
Shares of Aadhar Housing Finance spiked up 6.3% in today’s intraday deals to â‚ą414.50 apiece after the domestic brokerage firm Kotak Institutional Equities initiated coverage on the stock with a ‘buy’ rating and set a target price of â‚ą550 apiece, which signals an upside potential of 41% from the stock’s previous closing price of â‚ą390. …
