India's Aadhar Housing Finance rises after Q1 profit growth

Aadhar Housing Finance

28/07/2025 06:51

** Shares of Aadhar Housing Finance Ltd AADA.NS rise as much as 8.3% to 537.5 rupees
** Finance co reported a 18.6% y/y rise in Q1 consol net profit to 2.37 bln rupees ($27.4 mln); interest income rose 20.8%
** Adds, disbursements up 32% Y/Y, supported by sustained demand in affordable housing segment
** Stock on track to snap 3 days of losses
** More than 5.2 mln shares traded as of 11:13 a.m. IST, 6x their 30-day moving avg; busiest session yet since March 21
** Mean rating of stock is "strong buy"; median PT is 577.5 rupees - data compiled by LSEG
** AADA last up 5%, adding to YTD gains of 17.5%

($1 = 86.5275 Indian rupees)

 (Reporting by Meenakshi Maidas in Bengaluru)

 ((meenakshi.maidas@thomsonreuters.com;))