Aptus Value Housing Finance India shares surged by over 9% on October 14 following a surge in trading volumes. As of 10:10 AM, the stock was trading at ₹393.60, up ₹32.80 or 9.09% from the previous close of ₹360.80. This surge was attributed to the company’s robust performance and market sentiment surrounding its offerings in the housing finance and loan against property (LAP) segments.
Aptus Value Housing Finance India is a home loan provider that focuses on addressing the housing finance needs of its customers. The company also offers non-housing finance loans, including loans against property (LAP). The company’s products are designed to support the long-term housing needs of its clients, with additional services like credit shield insurance to cover loan repayment in case of a customer’s death.
With a market cap of ₹18,030 crore and consistent revenue growth, the company has become a key player in the housing finance sector. Aptus’s subsidiary, Aptus Finance India Private Limited, also operates as a non-banking financial company (NBFC), further strengthening its market presence.
The stock’s upward movement reflects investor confidence in the company’s future growth prospects and the overall demand for housing finance in India.
