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net profit: Aptus Value Housing Finance Q2 Results: PAT rises 11% YoY to Rs 119 crore

The Chennai-based lender s share price turned volatile after the release of the quarterly numbers. It fell to its intra-day low to Rs 282.15 only to jump to Rs 290.35 at the last minute of the trading session. The shares closed 1.5% higher at Rs 290.25 on BSE.

Tamil naduNational housing bankNet profitTotal incomeHousing financePat risesAptus value

Strong growth prospects for the affordable housing finance sector

The affordable housing segment may be seeing an uptick which is a good sign of consumption momentum. This is the biggest-ticket purchase for middle income and lower income families. The current activity is at least partly driven by a pause in interest rate hikes.

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Aptus Value Housing falls on weak operating performance in Q1FY24

While margins were lower, Chennai-headquartered Aptus Value Housing Finance has posted 20 percent YoY growth in profit after tax at Rs 142 crore in Q1 FY24

Morgan stanleyAptus value housing financeInterest marginChennai headquartered aptus value housing financeAptus value housing finance indiaAptus valueAptus value housingPtus value housing share pricePtus value housing profitHare market newsStock marketIfty share priceSe nse share priceEnsex share marketTock market india

Share Market Highlights: Sensex, Nifty close flat as caution over elevated valuations offsets IT uptick

Share Market Highlights: Sensex, Nifty close flat as caution over elevated valuations offsets IT uptick
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Moneycontrol Pro Weekender | Mr Bond gives the markets a scare

A sharp rise in US bond yields sent the markets into a tizzy this week

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