Citi initiates coverage on Aadhar Housing Finance stock with ’buy’ rating, sees 42% upside | Stock Market News

Citi initiates coverage on Aadhar Housing Finance stock with ’buy’ rating, sees 42% upside | Stock Market News

Source: Live Mint Global brokerage firm Citi Research, in its recent note, initiated coverage on Aadhar Housing Finance with a ‘buy’ rating and a target price of ₹565 per share, indicating an upside potential of 42% from its latest trading price of ₹398.  The brokerage’s optimistic outlook stems from the company’s consistent growth, scaling up…

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Nomura maintains cautious stance on NBFCs for FY25 amid asset quality concerns, but recommends ‘buy’ on 4 stocks | Stock Market News

Nomura maintains cautious stance on NBFCs for FY25 amid asset quality concerns, but recommends ‘buy’ on 4 stocks | Stock Market News

Source: Live Mint Non-banking finance company (NBFC) stocks have been hammered by Dalal Street investors in recent weeks, following a mixed performance in the September quarter (Q2FY25). This was driven by a moderation in year-on-year disbursement growth due to a slowdown in unsecured loans (personal, credit cards, MFI) amidst asset quality concerns and regulatory actions….

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