Business Standard

Friday, December 20, 2024 | 07:26 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Aavas Financiers

Life may get tougher for mid, small size HFCs amid rising rates: Analysts

Analysts warn that housing finance companies (HFCs), which cater largely to affordable housing segment, may see some margin erosion

Life may get tougher for mid, small size HFCs amid rising rates: Analysts
Updated On : 24 Jun 2022 | 12:08 AM IST

Budget impact: Aavas Financiers soars 7% on affordable housing boost

Finance Minister Nirmala Sitharaman on Tuesday in the Union Budget 2022 speech said that Rs 48,000 crore is allotted for PM Awas Yojana.

Budget impact: Aavas Financiers soars 7% on affordable housing boost
Updated On : 01 Feb 2022 | 1:00 PM IST

Partners Group sells Rs 837 cr worth of shares of Aavas Financiers

The stock slid 3.7 per cent on the BSE Sensex to end at Rs 2,385 on Friday and is down 10.1 per cent since August 17

Partners Group sells Rs 837 cr worth of shares of Aavas Financiers
Updated On : 21 Aug 2021 | 12:40 AM IST

AAVAS Financiers' promoters sell shares worth over Rs 751 crore

Two promoters of AAVAS Financiers Ltd on Friday offloaded shares worth over Rs 751 crore, through open market transactions

AAVAS Financiers' promoters sell shares worth over Rs 751 crore
Updated On : 20 Aug 2021 | 9:20 PM IST

ICICI Pru, IIFL Wealth: Trading strategies for buzzing stocks of the day

IIFL Wealth Management is heading towards a new all time high, as per charts

ICICI Pru, IIFL Wealth: Trading strategies for buzzing stocks of the day
Updated On : 04 Aug 2021 | 11:52 AM IST

Aavas Financiers shares rally 12%, hit fresh lifetime high

Thus far in the month of February, Aavas Financiers has outperformed the market by gaining 28 per cent

Aavas Financiers shares rally 12%, hit fresh lifetime high
Updated On : 09 Feb 2021 | 10:49 AM IST

Aavas Financiers to raise Rs 100 cr by issuing bonds via private placement

Aavas Financiers Ltd on Friday said its board of directors has approved raising Rs 100 crore by issuing bonds

Aavas Financiers to raise Rs 100 cr by issuing bonds via private placement
Updated On : 25 Dec 2020 | 4:02 PM IST

AAVAS Financiers gains 6% in two days after stake sale by AU Small Fin Bank

Despite the gains over the past 2 sessions, the stock of AAVAS Financiers has underperformed the market by gaining 7 per cent in the past 3 months relative to a 14.4-per cent rally in the S&P Sensex

AAVAS Financiers gains 6% in two days after stake sale by AU Small Fin Bank
Updated On : 24 Nov 2020 | 2:01 PM IST

AU Small Finance Bank sells Aavas Financiers' shares worth Rs 530 crore

The value of these shares, at Rs 1,515.2 apiece is Rs 530.3 crore, as per data from the exchange

AU Small Finance Bank sells Aavas Financiers' shares worth Rs 530 crore
Updated On : 23 Nov 2020 | 9:56 PM IST

AU Small Finance Bank sells 3.5 mn Aavas Financiers shares worth Rs 530 cr

According to bulk deal data available on the BSE, AU Small Finance Bank offloaded a total of 35,00,000 shares at an average price of Rs 1,515.16 per share. This values the deal at Rs 530.30 crore

AU Small Finance Bank sells 3.5 mn Aavas Financiers shares worth Rs 530 cr
Updated On : 23 Nov 2020 | 8:34 PM IST

Aavas Financiers gets board approval to raise Rs 100 crore via bonds

Aavas Financiers on Tuesday said its board has approved plans to raise up to Rs 100 crore by issuing bonds on private placement basis. The executive committee of the board at their meeting held on October 20, 2020, approved the issuance of rated, secured, redeemable, listed, non-convertible debentures having a face value of Rs 10 lakh, aggregating up to Rs 100 crore, Aavas said in a regulatory filing. Promoted by Kedaara Capital and Partners Group, Aavas is primarily engaged in the business of providing housing loan to customers belonging to low and middle-income segment in semi-urban and rural areas. Shares of Aavas Financiers settled at Rs 1,486.85 apiece on BSE, down 0.98 per cent from its previous close.

Aavas Financiers gets board approval to raise Rs 100 crore via bonds
Updated On : 20 Oct 2020 | 7:58 PM IST

Aavas Financiers reports 11% rise in net profit at Rs 50 cr in Q1

The company had posted a net profit of Rs 45.3 crore in the corresponding quarter of the previous fiscal year

Aavas Financiers reports 11% rise in net profit at Rs 50 cr in Q1
Updated On : 12 Aug 2020 | 6:09 PM IST

Street signs: Aavas Financiers on investors' radar, rail PSUs, and more

Experts say Avenue Supermarts is a classic example of how well-managed companies with growth potential can reap benefits of low cost of capital.

Street signs: Aavas Financiers on investors' radar, rail PSUs, and more
Updated On : 09 Feb 2020 | 8:22 PM IST

Aavas Financiers gains 3%, hits new high; stock zooms 132% in 2019

The stock has been the second-highest value creator among S&P BSE500 stocks

Aavas Financiers gains 3%, hits new high; stock zooms 132% in 2019
Updated On : 31 Dec 2019 | 11:21 AM IST

Aavas Financiers surges 6% ahead of board meet for fund raising via NCDs

Thus far in the calendar year 2019, the stock has zoomed 129 per cent from the level of Rs 851 on the BSE

Aavas Financiers surges 6% ahead of board meet for fund raising via NCDs
Updated On : 12 Dec 2019 | 10:36 AM IST

Aavas Financiers hits new high, zooms 116% thus far in 2019

FPIs' stake in Aavas Financiers stood at the highest level at 18.07 per cent at the end of September 30, 2019.

Aavas Financiers hits new high, zooms 116% thus far in 2019
Updated On : 26 Nov 2019 | 2:35 PM IST

Nifty view & trading ideas by CapitalVia: Buy Aavas Financier, V Guard Ind

Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor

Nifty view & trading ideas by CapitalVia: Buy Aavas Financier, V Guard Ind
Updated On : 07 Oct 2019 | 8:08 AM IST

Aavas Financiers hits new high after RBI hikes lending limit for NBFC-MFIs

The RBI, on Friday, increased household income limit for borrowers of non-banking finance company - Microfinance Institutions (NBFC-MFIs) to Rs 1.25 lakh for rural areas.

Aavas Financiers hits new high after RBI hikes lending limit for NBFC-MFIs
Updated On : 04 Oct 2019 | 2:08 PM IST

Aavas Financiers rallies 90% so far in 2019 on FPI buying

Foreign portfolio investor stake in the company has increased to 16.57 per cent as on June 30, 2019, against 11.56 per cent at the end of December 2018 quarter.

Aavas Financiers rallies 90% so far in 2019 on FPI buying
Updated On : 19 Aug 2019 | 4:05 PM IST

Shares of Aavas Financiers dip 6% to Rs 771 on stock market debut

Shares of Aavas Financiers, a firm focused on providing housing loans to low- and middle-income groups in semi-urban and rural areas, ended six per cent below IPO price during their stock market debut on Monday. Shares of the company closed at Rs 771 compared to the issue price of Rs 821. The stock dropped as much as 13 per cent to Rs 710 intra-day on the National Stock Exchange (NSE), where Rs 2.7 billion worth of shares were traded. Market players said the listing day performance wasn't bad considering that meltdown in the market-and non-banking stocks in particular-seen this month. Aavas Financier's Rs 17.3-billion IPO, which closed on September 27, had garnered only 97 per cent subscription. Through the IPO, the Rajasthan-based housing finance company issued fresh shares worth Rs 4 billion. Private equity firms Lake District, Partners Group and Kedaara Capital also sold part of their holdings in the IPO. At current market rate, the company is valued at Rs 60 billion. Analysts say .

Shares of Aavas Financiers dip 6% to Rs 771 on stock market debut
Updated On : 08 Oct 2018 | 11:58 PM IST