Home First Finan (HOMEFIRST) Share News & Alerts

Bernstein says Aadhar Housing, Home First, other housing stocks can rally up to 34%. Here are 3 reasons why

▲ Bullish +4.16%

Global brokerage Bernstein's explicit target price upgrade of Rs 1,450 provides an unmistakable 34% upside catalyst from recent trading clusters. Stronger Q4 corporate performance coupled with stabilizing portfolio metrics establishes an attractive entry window for short-to-medium term positional swing configurations.

Home First Finance profit surges 43% on strong AUM growth

▲ Bullish -2.0%

The company delivered a massive 43% year-on-year profit jump and maintained steady asset quality (GNPA at 1.8%), which significantly beats typical market expectations for the housing finance sector. This strong fundamental performance, coupled with a high dividend payout (260%), is likely to trigger a multi-day positive price action as institutional investors re-rate the stock for its growth consistency. For a positional trader, this represents a strong catalyst as the AUM expansion of 25% suggests a sustainable revenue trajectory into the next fiscal year.

FIIs raised stakes in 13 stocks for 4 straight quarters; 5 turned multibaggers. Do you own any?

▲ Bullish +5.0%