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Aadhar Housing Finance's stock has risen 47% since its IPO, driven by strong growth and government focus on affordable housing. Despite market volatility, the stock has gained 8% in the past month, attracting investor interest.
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Despite the increase, the lender warns mortgage costs could remain "higher for longer" following the Budget.
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Eureka Forbes reported an 83.2% YoY rise in Q2 net profit to Rs 46.67 crore, with revenues up 27.6% to Rs 672.87 crore. Growth was driven by product innovation, increased marketing, and early festive season demand.
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