{
AADHAR HOUSING FINANCE L

Companies

}
icici securities recommends buy on aadhar housing finance with target of 550
ICICI Securities has recommended a "BUY" rating for Aadhar Housing Finance, setting a target price of INR 550. The company has shown strong performance with an 18% AUM CAGR from FY18 to FY24, reaching INR 228 billion, supported by its extensive branch network and strategic market diversification. Aadhar's growth has been achieved at a higher spread of approximately 6%, outperforming peers.
Moneycontrol
Indian Rupee AADHAR HOUSING FINANCE L IND Rishi Anand Deo Shankar Tripathi
Finance & Economy, Market Report
08:20 28.11.2024
Mirae Asset rates Aadhar Housing Finance as buy with strong growth outlook
Mirae Asset has initiated coverage on Aadhar Housing Finance with a 'buy' rating, citing strong growth prospects and a target price of Rs 555, indicating a potential upside of 34%. The firm is expected to achieve a 21.5% AUM CAGR from FY24-26E, driven by its extensive distribution network and growth in the EWS/LIG segment. Following the announcement, Aadhar's shares rose nearly 4%, trading at Rs 423.4.
Moneycontrol
Mirae Asset AADHAR HOUSING FINANCE L IND
Finance & Economy, Market Report
09:42 25.10.2024
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