Shares of Home First Finance Company India Ltd. climbed 2.29% to ₹1,065 during early trade today, gaining ₹23.85 from its previous close of ₹1,041.15. The stock traded in the range of ₹1,040.70 to ₹1,064.00, with a market capitalization of ₹95.24 billion.

The surge in stock price comes despite the sale of a 0.84% stake by Norway’s Government Pension Fund Global, one of the largest sovereign wealth funds globally. The fund sold 7.50 lakh shares of Home First Finance through an open market transaction at an average price of ₹1,023.28 per share, amounting to ₹76.77 crore.

Following this transaction, the fund’s holding in Home First Finance has reduced to 5.41% from 6.25%. Details regarding the buyers of these shares remain undisclosed.

Despite the stake sale, investor sentiment around the company remains positive, reflecting confidence in its growth prospects within the financial sector.

Home First Finance Co. Share Price history

Day Open Close Change %
Tue, Jan 14 2025
₹1,020.00
₹1,041.15
+2.23%
Mon, Jan 13 2025
₹1,036.65
₹1,018.40
-1.77%
Fri, Jan 10 2025
₹1,044.10
₹1,036.70
-0.41%
Thu, Jan 9 2025
₹1,069.95
₹1,041.00
-1.30%
Wed, Jan 8 2025
₹1,061.00
₹1,054.70
-0.62%
Tue, Jan 7 2025
₹1,044.95
₹1,061.30
+2.38%
Mon, Jan 6 2025
₹1,068.05
₹1,036.65
-2.94%
Fri, Jan 3 2025
₹1,070.00
₹1,068.05
-0.75%

 

Disclaimer: The information provided is for informational purposes only and should not be considered as financial or investment advice.