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#MarketsWithETNOW | Aavas Financiers loses most in 7 months, volume at 5x the 20-day average
The bank sold its stake in Aavas Financiers in November last year and used the proceeds to make provisions against stressed loans. The flipside of this stake sale is that the lender doesn’t have any non-core business @aparnaviyer02 (via @livemint_m2m)
Aavas Financiers board approved reduction in prime lending rate by 15 bps from April 1
#AAVAS --Aavas Financiers Ltd Chart is self Explanatory. Dis- Holding since 1200, did pyramid at 1532.
#AavasFinanciers stock is up 10% today. The company has Strong Long Term Fundamental Strength with a 31.09% CAGR growth in Operating Profits. The technical trend has improved from Mildly Bullish on 24-Nov-20 and has generated 45.5% returns since then. #MarketsMojo
#AUBANK : 3QFY21 Result Flash- Other income includes Rs 480 Cr from the sale of shares in aavas financiers.
AAVAS Financiers & Asian Paints came with good Q3FY21 results. Positive for Indigo Paint IPO & Home First Finance IPO.
#3QWithCNBCTV18 #AavasFinanciers Massive rise in securitisation income (+119.8%QOQ) aids PAT growth in Aavas Fin Provisions at Rs16.16cr vs Rs8.06crQOQ & vs Rs1.34crYOY PAT at Rs85.6cr, +29.35%QOQ Awaiting further details
#3QWithCNBCTV18 | Aavas Financiers Q3 (YoY) 🔸Net Profit up 25.8% at Rs 85.5 cr Vs Rs 67.9 cr 🔸Revenue up 29.5% at Rs 310 cr Vs Rs 239.4 c
#ResultsToday Asian Paints Bajaj Auto AAVAS Financiers MCX SBI Cards Bandhan Bank Biocon Cyient IIFL Securities JSPL JK Tyre Mphasis SRF Westlife Development @CNBC_Awaaz @CNBCBajar
#Results #Tomorrow #NiftyWaali Asian Paints Bajaj Auto #OtherVaydaWaali JSPL SRF Biocon Bandhan Bank #ImportantCashWaali SBI Cards & Payment Kajaria Ceramics Aavas Financiers MphasiS Zensar Technologies Cyient JK Tyre South Indian Bank MCX Westlife Development
The Executive Committee of the Board of Jaipur-headquartered Aavas Financiers Ltd has approved the issuance of Non-Convertible Debentures aggregating up to an amount of ₹100 crore on a private placement basis.
Ideas For Profit | In this special segment, @moneycontrolcom Pro gets you some top stock ideas to bet on. Today, @nehadave01 tells us why she’s taking a closer look at Aavas Financiers
#MCPro | #AavasFinanciers carries the tag of a mid-cap affordable housing finance company. The stock has almost doubled from its March low and beaten Nifty by a margin. And the story doesn’t end there (by @nehadave01) #stockmarket #stockstowatch