Buy Aavas Financiers, target price Rs 2055: Axis Securities
Axis Securities has a buy call on Aavas Financiers with a target price of Rs 2055. The current market price of Aavas Financiers is Rs 1864.6. The time period given by the analyst is a month when Aavas Financiers price can reach the defined target. Aavas Financiers, incorporated in 2011, is a Mid Cap company with a market cap of Rs 14751.61 crore, operating in the NBFC sector.
Aavas Financiers’ key products/revenue segments include Interest, Income From Financial Services, Fees & Commission Income and Income From Sale Of Share & Securities for the year ending 31-Mar-2024.
Financials
For the quarter ended 31-03-2024, the company has reported a Consolidated Total Income of Rs 546.80 crore, up 7.37% from last quarter Total Income of Rs…