YES Securities is bullish on Home First Finance Company has recommended buy rating on the stock with a target price of Rs 1100 in its research report dated October 29, 2023.
Interest income for the mortgage lender rose 44% to Rs 249 crore while total income grew 47% to Rs 278 crore. Pre-provision operating profit stood at Rs 104 crore, growing 41% year-on-year.
Home First Finance Company s net consolidated total income stood at Rs 277.98 crore in Q2 FY24, a growth of 46.77 per cent from Rs 189.40 crore it recorded in the similar quarter last year.