India's Home First loses 5% after block sales of 5.4% stake

Home First Finance India

15/05/2023 07:30

** Shares of Home First Finance Company India Ltd  HOME.NS 
fall as much as 5.42% to 686 rupees, a two-month low
    ** About 4.76 mln shares (5.41% stake) change hands in two
blocks, at a price range between 705 rupees and 714.80 rupees 
    ** Stock is most active in two months with trading volume of
5.42 mln shares as of 11:54 a.m. IST, 33 times the 30-day avg -
Refinitiv data
    ** Of the 14 analysts tracking HOME, 13 maintain "buy", one
recommends "sell"; median TP is 950 rupees
    
    
 
 ($1 = 81.7800 Indian rupees)

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