India's Aavas Financiers up on block deals; stock most active in near 2 years

Aavas Financiers

16/06/2023 07:03

** Shares of Aavas Financiers  AVAS.NS  rise as much as
3.84% to 1,392 rupees
    ** About 754,016 shares of the housing finance co change
hands in two blocks in the 1353.50-1356.85 rupees price range
    ** Stock most active since Aug 18, 2021, with a trading
volume of 1.12 mln shares  as of 11:20 a.m. IST, a four-fold
jump on 30-day avg - Refinitiv data
    ** Of the 16 analysts tracking AVAS, four rate "strong buy,"
two "buy," seven "hold," one "sell" and one "strong sell;"
median TP is 1,664 rupees
    ** Stock down ~25% in 2023 

 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))