Business
PL Capital upgrades AAVAS Financiers to buy, sees 33% upside
Reported by Ishita Mukherjee (Staff Writer) · Livemint - Markets ·
✓ — also reported by Economic Times - Markets
Representative image · Wikimedia CommonsPL Capital upgraded AAVAS Financiers to a buy on 16 September, setting a target price of ₹1,685. The target implies about a 33 percent upside from the previous session’s close of ₹1,269. AAVAS Financiers shares have slipped 12 percent year‑to‑date, though they have been on an uptrend lately. The brokerage turned positive after meeting the housing‑finance company’s management. AAVAS Financiers is a non‑banking financial company that focuses on housing loans.
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