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The company’s AUM reached ₹23,976 crore, marking a 21% year-on-year (YoY) growth, while profit after tax (PAT) rose by 22% to ₹667 crore for the nine-month period ending December 31, 2024.
Shares of Aadhar Housing Finance surged over 5% in the opening trade today after brokerage firm Kotak Institutional Equities initiated coverage with a Buy rating on the stock.
Kotak Institutional Equities has initiated coverage on Aadhar Housing Finance with a "Buy" rating, setting a target price of ₹550 per share, implying a 41% upside from current market price of Rs 389 per share.