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Aavas Financiers hits highest level since listing; up 50% from October low

The stock was up for the fifth straight day, up 3 per cent at Rs 915 on the BSE in intra-day trade on Wednesday, trading at its highest level since listing on October 8, 2018.

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SI Reporter Mumbai
Shares of Aavas Financiers were trading higher for the fifth straight day, rising 3 per cent to Rs 915 apiece on the BSE in intra-day trade on Wednesday. The stock was trading at its highest level since listing on October 8, 2018.

Aavas Financiers has rallied 50 per cent from its 52-week low of Rs 611 touched on October 31, 2018. In comparison, the S&P BSE Sensex was up 5 per cent during the same period. The stock had made a weak debut, as the scrip got listed at Rs 750, 9 per cent below its issue price of