Bain, CVC Capital also in fray; 51% stake in play in 2nd largest Housing Finance company as current promoters Kedaara & Partners Group seek to exit 8 year old investment.

EQT closing in on Aavas Financiers, Rs 7,000 cr deal up for grabs

AAVAS Financiers standalone net profit rises 14.94% in the June 2024 quarter

Upcoming results: Tech Mahindra, Nestle India, Motilal Oswal Financial Services, Aavas Financiers, Adani Green Energy, Ashok Leyland, AU Small Finance Bank, Canara Bank, Chalet Hotels, Chennai Petrochem Corp, Cyient, DLF, Glenmark Life Sciences, Go Digital General Insurance, Home First Finance Company India, Jupiter Wagons, Jyothy Labs, Laurus Labs, MGL, Mphasis, PNB Housing Finance, Praj Industries, The Ramco Cements.

Stock alert: Axis Bank, Larsen & Toubro, SBI Life Insurance Company, J K Paper, Bikaji Foods, Oracle Financal Services Software

Home First Finance Company India Ltd, Nava Ltd, Mahindra Logistics Ltd and AAVAS Financiers Ltd are among the other losers in the BSE’s ‘A’ group today, 04 July 2024.

ITD Cementation India Ltd leads losers in ‘A’ group

Caplin Point Laboratories Ltd, Gravita India Ltd, AAVAS Financiers Ltd and Shivalik Bimetal Controls Ltd are among the other losers in the BSE’s ‘A’ group today, 13 June 2024.

Sanofi India Ltd leads losers in ‘A’ group

Affordable Housing remains a focused segment with high operational intensity and companies with mono-product focus can deliver better outcomes in the long run.

Aavas, HUDCO: Shares of housing finance firms zoom up to 11%; here’s why

Valuations have seen a de-rating; remain positive

Home First Finance, Aavas Financiers- Homing In On Affordable Housing: Nirmal Bang Initiates Coverage With Buy

Disbursements gaining traction; AUM growth strong

Aavas Financiers - Building Bricks In Place: Nirmal Bang

Jefferies sees the company’s productivity metrics improving as the new loan origination system has reduced the average turn-around time.

Aavas Financiers To See Better Loan Growth In FY25 With Tech Upgrade, Says Jefferies

ICICI Securities is bullish on Aavas Financiers recommended buy rating on the stock with a target price of Rs 1800 in its research report dated October 28, 2023.

Buy Aavas Financiers; target of Rs 1800: ICICI Securities

RIL’s consol. Ebitda, APAT came in above our estimates, supported by better-than-expected performance from its energy businesses

Reliance Industries, Ujjivan SFB, Aavas Financiers, Indian Hotels, Route Mobile, Q2 Review: HDFC Securities

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Aavas Financiers is a housing finance company, engaged in providing home loans to the customers belonging to low and middle income segment in semi urban and rural areas