ADVERTISEMENT

Home First Finance Shares Gets ICICI Securities 'Add' Downgrade Given Recent Stock Run-Up

Given the recent run-up in stock price, ICICI Securities downgrades to Add (from Buy) with an unchanged target price of Rs 1,375.

<div class="paragraphs"><p>Home First Finance Company India Ltd., in its FY25 annual report themed ‘Home as the Foundation for Change’, highlighted that it has built a strong base during its decade-long journey.</p><p>(Photo: Yury Strukau /Source: Unsplash)</p></div>
Home First Finance Company India Ltd., in its FY25 annual report themed ‘Home as the Foundation for Change’, highlighted that it has built a strong base during its decade-long journey.

(Photo: Yury Strukau /Source: Unsplash)

While it took 14 years to reach an assets under management of ~Rs 100 billion, Home First now intends to add Rs 100 billion in three years and achieve an AUM of Rs 200 billion by FY27, and add another Rs 150 billion in next three years to reach AUM of Rs 350 billion by FY30.
To continue reading this story
You must be an existing Premium User
OUR NEWSLETTERS
By signing up you agree to the Terms & Conditions of NDTV Profit