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Aavas Financiers Limited is currently in a long term uptrend where the price is trading 46.8% above its 200 day moving average.
From a valuation standpoint, the stock is 41.0% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 20.6.
Aavas Financiers Limited's total revenue rose by 12.2% to $3B since the same quarter in the previous year.
Its net income has increased by 25.8% to $855M since the same quarter in the previous year.
Finally, its free cash flow grew by 11.2% to $-4B since the same quarter in the previous year.
Based on the above factors, Aavas Financiers Limited gets an overall score of 5/5.
Industry | Mortgage Finance |
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Sector | Financial Services |
ISIN | INE216P01012 |
CurrencyCode | INR |
Exchange | NSE |
Beta | 0.67 |
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Dividend Yield | 0.0% |
Target Price | 2326.63 |
PE Ratio | 33.82 |
Market Cap | 142B |
Aavas Financiers Limited provides housing loans to customers belonging to low- and middle-income self-employed customers in semi-urban and rural areas in India. It offers home loans for flats, houses, and bungalows, as well as resale properties; land purchase and construction loans, including finance for self-construction of residential house; and home improvement loans, which include loans for tiling or flooring, plaster, painting, etc. The company also provides home equity loans; and micro, small, and medium enterprise loans for business expansion, purchase of equipment, working capital, etc., as well as home loan balance transfer and emergency credit line guarantee scheme products. The company was formerly known as AU Housing Finance Limited and changed its name to Aavas Financiers Limited in February 2017. Aavas Financiers Limited was incorporated in 2011 and is based in Jaipur, India.
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