Picture of Home First Finance India logo

HOMEFIRST — Home First Finance India News Story

0.000.00%
in flag iconLast trade - 00:00
FinancialsAdventurousMid CapMomentum Trap

India's Home First Finance sees 10.64% equity change hands in block deal

** India's Home First Finance HOME.NS sees nearly 11 million shares or 10.64% of its equity change hands in a block deal worth 13.07 billion rupees ($149.36 million) on NSE

** Warburg Pincus entity Orange Clove Investments likely exited home financier, as per multiple media reports

** Block deal at avg price of ~1,190.5 rupees per share, vs stock's previous close of 1,202.3 rupees

** HOME up 6.1% at 1,275 rupees, set to snap three-day losing streak

** Analysts on avg recommend "buy" rating on HOME; PT at 1,480 rupees, as per data compiled by LSEG

** Stock takes YTD gains to 20.1%

($1 = 87.5075 Indian rupees)

 (Reporting by Vivek Kumar M)

 ((VivekKumar.M@thomsonreuters.com;))

Recent news on Home First Finance India

See all news