Jun 08, 2021 08:15 PM IST
PNB Housing Finance stock has doubled in 6 days after the company’s board approved the preferential issue of equity shares and warrants to private equity firm the Carlyle group along with other investors. Moreover, the news of Aditya Puri, the former CEO of HDFC bank, set to join the lender’s board, is being lauded by the Street. The dazzling rise in stock price has pushed up the valuation to a level which is now pricing in many positives. Investors should be cautious as any potential upside in PNB housing looks limited following the fierce rally, and rather scout for other opportunities in the housing finance sector. Karunya Rao gets a lowdown of some of the low valued quality HFC stocks that could catch-up in terms of valuations.
- Jun 08, 2021 10:04 AM IST
We see PNB Housing’s rally as a key trigger for re-rating of the sector
- May 19, 2021 03:22 PM IST
Home First, being an affordable housing player, is well poised to benefit from structural growth in the segment
- May 11, 2021 11:11 AM IST
- Apr 29, 2021 07:35 PM IST
- Apr 29, 2021 07:23 PM IST
- Feb 24, 2021 10:46 AM IST
Following a polarised price performance , valuations of HFCs show a stark picture of divergence
- Feb 02, 2021 09:11 PM IST
Motilal Oswal recommended Neutral rating on AAVAS Financiers with a target price of Rs 2000 in its research report dated January 22, 2021.
- Jan 22, 2021 08:00 AM IST
- Jan 21, 2021 11:53 AM IST
Given the high growth potential, professional management along with a well-capitalised balance sheet, HFFC is well poised for the growth in the affordable housing finance space
- Dec 15, 2020 09:30 AM IST
Aavas’s stock price can move in line with earnings growth, which is likely to be strong over the next few years
- Nov 23, 2020 09:40 PM IST
Nomura India Investment Fund Mother Fund bought 9 lakh shares in AAVAS Financiers at Rs 1,515 per share and SBI Life Insurance Company acquired 6.6 lakh equity shares at the same price.
- Oct 30, 2020 09:11 AM IST
- Oct 21, 2020 09:56 PM IST
Promoted by Kedaara Capital and Partners Group, Aavas is primarily engaged in the business of providing housing loan to customers belonging to low and middle-income segment in semi-urban and rural areas.
- Oct 06, 2020 03:31 PM IST
In this edition of Ideas for Profit, Moneycontrol's Sakshi Batra discusses whether Aavas Financiers can repeat its 2019's outstanding performance
- Oct 06, 2020 11:21 AM IST
Considering Aavas’s growth potential, we believe that the premium valuation will sustain
- Aug 31, 2020 08:53 PM IST
Bharti Airtel's share price fell nearly 2 percent on August 31 following a correction in the overall market on escalation in India-China border tensions
- Aug 12, 2020 05:21 PM IST
The company had posted a net profit of Rs 45.3 crore in the corresponding quarter of the previous fiscal year.
- Mar 30, 2020 07:10 PM IST
The ADB has signed an agreement to lend up to $60 million in Indian rupee equivalent to Aavas Financiers Ltd (Aavas), a housing finance company in India, to improve access to housing finance for lower income borrowers in the country, particularly women, ADB and Aavas said in a joint statement.
- Jan 28, 2020 12:15 PM IST
- Jan 07, 2020 09:32 AM IST
- Sep 06, 2019 02:44 PM IST
We have collated a list of stocks which remained in focus on Tuesday because of their price action. The technical outlook is limited to near and medium-term.
- Aug 16, 2019 10:16 AM IST
- Aug 01, 2019 03:11 PM IST
- May 03, 2019 05:13 PM IST