India, June 3 -- A leading housing finance provider known for affordable lending solutions is in focus following a major stake sale. A significant block deal occurred where approximately 13.4 percent of the company's equity, valued at over Rs. 2,000 crore, changed hands. This aligns with reports of a large private equity investor offloading their stake.
Aptus Value Housing Finance India Limited's stock, with a market capitalisation of Rs. 15,432 crores, fell to Rs. 305.50, hitting a low of up to 9.2 percent from its previous closing price of Rs. 336.50. However, the stock has given a return of 5.5 percent on a year-to-date basis.
Block Deal
A major block deal involving Aptus Value Housing Finance India Ltd. took place, resulting in a sh...
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