Aadhar Housing Finance Ltd (AADHARHFC)

Aadhar Housing Finance Expected to See Revenue and PAT Growth - 23 Jul, 2024

According to Raj Gaikar, Research Analyst at SAMCO Securities, companies such as Aadhar Housing Finance are expected to see an upward trajectory in revenue and PAT due to the government's allocation for housing. This could potentially drive a surge in their share prices in the longer run.

Nomura Rates Aadhar Housing Top Pick in Affordable Housing Financiers Segment - 18 Jul, 2024

Global brokerage firm Nomura has initiated coverage on Aadhar Housing Finance with a buy rating and a target price of Rs 550. The company's diversified presence and low operating expense ratio make it the best-placed profiling AHFCs. Since listing in May 2024, shares have gained 52%, while in the last month, they increased by 65%.

Nomura Assigns Buy Rating to Aadhar Housing Finance Stock - 17 Jul, 2024

Japanese brokerage firm Nomura has initiated coverage on Aadhar Housing Finance, giving it a buy rating and setting a target price of ₹550 per share. The company holds a distinctive market position with the most diversified loan book and the strongest profitability among its peers.

Aadhar Housing Finance Expects Enhanced PMAY Scheme in Budget 2024 - 16 Jul, 2024

Aadhar Housing Finance expects an enhanced Pradhan Mantri Awas Yojana (PMAY) scheme and tax benefits on home loans from the upcoming budget. The company anticipates a growth of 10% to 15% incrementally with the implementation of an improved PMAY.

Aadhar Housing Finance Plans to Raise Rs 6,000 Crore in 2024-25 - 12 Jul, 2024

Aadhar Housing Finance plans to raise Rs 6,000 crore this year with non-convertible debentures comprising nearly 20% of overall borrowings. Assets under management rose 23% YoY to Rs 21,100 crore as of March 31, and the company expects assets under management to grow by 20-23% in the current financial year. The Pradhan Mantri Awas Yojana may help lift incremental disbursals by 10-15%. Co-lending partnerships with Punjab National Bank and UCO Bank stand at around Rs 500 crore.