Indian home financiers rise on affordable housing policy bets

Home First Finance India

06/06/2024 05:10

** Jefferies expects Modi-led coalition government to
announce affordable housing scheme in upcoming budget, says
likely will lift growth in affordable housing loans 
    ** Brokerage sees Aavas Financiers  AVAS.NS  and Home First
Finance Co India  HOME.NS  as direct beneficiaries 
    ** AVAS, HOME add 5.4% each on the day 
    ** Brokerage prefers Can Fin Homes  CNFH.NS  over LIC
Housing Finance  LICH.NS  among larger players
    ** CNFH and LICH up 2.3% and 4.3%, respectively 
    

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))