India's Home First Finance up on Q3 profit rise

Home First Finance India

19/01/2024 07:00

** Shares of Home First Finance  HOME.NS  trim some
gains to trade 3.1% higher at 1,014.10 rupees; rose as much as
7.8% to hit a record high earlier in the session
  
    ** Housing finance firm on Thursday reported 34.2% Y/Y rise
in Q3 PAT, while rev from ops rose 39.1%
        ** Its loan disbursal was up 29.1% in Q3, AUM grew 33.5%
  
        ** Avg rating of 16 analysts equivalent of "strong buy",
median PT is 1,095 rupees - LSEG data
    ** Stock rose 14.7% in Dec quarter, its best quarterly
performance since Sept quarter, 2022





($1 = 83.1250 Indian rupees)

 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))