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Home First Finance: Will disbursements sustain despite stiff competition? | Stock of the day

Home First is growing its loan book consistently, backed by buoyant demand from tier 2/3 cities and strong policy thrust. The company reiterated the AUM growth guidance of 30 percent and expects the loan book to cross the Rs 10,000-crore mark in the next 12 months. The main drivers will likely be distribution expansion and market share growth. The company’s asset quality remains resilient, and in terms of return ratios, Home First achieved an industry-leading return on equity (RoE) of 15.6 percent in Q2 FY24.

Moneycontrol News
January 01, 2024 / 12:13 IST
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TAGS: #Home First Finance #share market #stock market #Stocks to buy #video
first published: Jan 1, 2024 12:13 pm

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