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Stock Of The Day| Is there more steam left in the Home First Finance stock?

Home First is growing its loan book consistently, backed by buoyant demand from tier 2/3 cities and strong policy thrust. The AUM crossed the Rs 10,000-crore-mark, a key milestone, in the June quarter, and the company reiterated the AUM growth guidance of 30 percent. Affordable housing sector will be a key focus area of the government, and Home First will stand to benefit, given robust loan growth and stable asset quality.

first published: Sep 30, 2024 02:07 pm

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