India's Aavas Financiers rises as Citi recommends to buy the dip

Aptus Value Housing Finance India

03/09/2025 09:15

** Shares of Aavas Financiers AVAS.NS rise 4.3% to 1593.2 rupees

** Analysts at Citi Research says the company is on track for gradual recovery after 6-7% downwards earnings revision following a weak first-quarter

** Adds, operational metrics likely bottomed out in Q1 and co on path for improvement

** There are visible signs of disbursement normalisation, with AUM likely to scale from second half of the fiscal - Citi

** Citi says that the co is trading 25%-30% discount to peers like Aadhar Housing Finance AADA.NS and Aptus Value Housing FinanceAPTS.NS, offering favourable risk/reward, recommends to buy the dip

** Avg rating of 19 analysts covering the stock is "buy", their median PT is 1935 rupees - data compiled by LSEG

** Stock down 5% in 2025, vs a 22.5% rise in AADA and 12.5% gain in APTS

 (Reporting by Nishit Navin in Bengaluru)

 ((nishit.navin@thomsonreuters.com))