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'Buy' Aadhar Housing Finance Shares Maintains ICICI Securities On Strong Growth Outlook

ICICI Securities is positive on Aadhar Housing Finance, sees upto 24% potential upside.

<div class="paragraphs"><p>Aadhar Housing Finance&nbsp;has been the only affordable housing finance to deliver 18% RoE in the past (FY24) and hence its near-term focus is to reach the historical level of RoE (of 18%) with RoA of 4.2-4.4%.&nbsp; (Photo: Envato)</p></div>
Aadhar Housing Finance has been the only affordable housing finance to deliver 18% RoE in the past (FY24) and hence its near-term focus is to reach the historical level of RoE (of 18%) with RoA of 4.2-4.4%.  (Photo: Envato)
Low-income housing represents a huge lending opportunity; Aadhar with largest distribution and differentiated approach to sustain growth momentum.
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