Within the space, Kotak's preferred names are Aadhar Housing Finance and Aavas Financiers, citing their positioning and growth potential. It also finds Aptus Value attractive for its profitabilty
The northward movement in the share price of Aptus Value Housing Finance India followed the company's announcement on reclassification
Elara Capital flags scale challenges for the affordable housing sector, expects ROE to decline to 15-16 per cent from 18-20 per cent; check recommendations
Aptus Value Housing has surged over 7 per cent in two sessions after the company reported strong performance in a seasonally weak quarter