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AAVAS — Aavas Financiers News Story

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Aavas Financiers' stock soars as quarterly profit climbs 11%

** Affordable housing finance company Aavas Financiers AVAS.NS surge as much as 8% to 1748.7 rupees apiece

** Rise after AVAS posts 11% year-on-year rise in the second quarter profit to 1.64 billion rupees

** Asset quality trends remain stable while recovery in disbursements boosts profit growth and margin expansion, multiple brokerages say after results

** ICICI Securities gets AUM growth to remain at 20% due to geographical expansion, productivity enhancement and increase in ticket size

** The average rating of 21 analysts tracking AVAS is "Buy", data compiled by LSEG shows

** AVAS shares are down 3.6% in 2025 so far, lagging the 6% rise in Nifty 500 index .NIFTY500, exchange data shows

(Reporting by Bharath Rajeswaran in Bengaluru)

((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))

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