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Aavas Financiers share price surges 9% on heavy volumes, hits 5-month high

Business Standard LogoBusiness Standard9h ago

Aavas Financiers share price surges 9% on heavy volumes, hits 5-month high - Business Standard

Quick Summary:

Disbursements during Q3FY25 grew by 17 per cent Y-o-Y and 23 per cent sequentially to Rs 1,594 crore.

The company is also comfortable on growing MSME segment, where yields are ~15 per cent.Spreads improved to 4.94 per cent in Q3FY25 from 4.89 per cent in Q2FY25.

Further, in the April to December 2024 period (9MFY25), disbursement grew by 11 per cent Y-o-Y to Rs 4,099 crore.

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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-10 @ 11:39:06 (9 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 668 words

Reading Time: 4 minutes read

Sentences: 31 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26809887

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 280 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

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Publisher ID: #49

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