TheScreener - Aavas Financiers (AAVAS) AAVAS FINANCIERS sees a downgrade to Slightly Negative on account of less fundamental stars

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AAVAS FINANCIERS sees a downgrade to Slightly Negative on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of AAVAS FINANCIERS (IN), active in the Consumer Finance industry. As regards its fundamental valuation, the title now shows 0 out of 4 stars while market behaviour can be considered moderately risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Slightly Negative. As of the analysis date March 1, 2022, the closing price was INR 2,795.25 and its target price was estimated at INR 2,417.96.

02/03/2022 1 EN

Underlying

Aavas Financiers

Aavas Financiers Limited, formerly Au Housing Finance Limited, is an India-based housing finance company. The Company is engaged in providing the home loans to the customers belonging to low and middle income segment in semi urban and rural areas. It offers customers home loans for the purchase or construction of residential properties, and for the extension and repair of existing housing units. It also offers other mortgage loans, including loans against property. The Company has developed Aavas Plus, Aavas Refresh and Aavas Winback products. Through Aavas Plus, the Company lends incremental loans. Aavas Refresh is a customer retention strategy for customers who service their loans and whose repayments are reaching completion. Aavas Winback is for customers whose loans are either foreclosed or closed on maturity, or those who did not avail a previously sanctioned loan. Aavas Finserv Limited is the Company's wholly owned subsidiary.

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INE216P01012 National Stock Exchange of India India

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AAVAS FINANCIERS sees a downgrade to Slightly Negative on account of less fundamental stars

Empowering Investors

BKGR ZOOM CIH BANK 21 11 2022

MOSL: AAVAS FINANCIERS: Confident of healthy loan growth and improvement in asset quality

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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