Home First Finance Company Adjusts Evaluation Amid Strong Growth and Stakeholder Changes

Home First Finance Company India has recently undergone an evaluation adjustment, reflecting a revision in its score. This adjustment comes amid a backdrop of notable financial metrics and market positioning within the housing finance sector. The company has demonstrated a robust long-term growth trajectory, with operating profits increasing at a compound annual growth rate (CAGR) of 37.06%. Additionally, net sales have shown a strong annual growth rate of 33.39%, underscoring the company's operational strength. In terms of technical indicators, the trend has shifted to a sideways movement, indicating a period of stability without clear price momentum. The stock has outperformed the BSE 500 index over various time frames, including a 27.13% return over the past year. However, there are signs of reduced promoter confidence, as the promoters have decreased their stake by 9.07% in the last quarter, now holding 14.31% of the company. Overall, Home First Finance Company India continues to exhibit strong fundamentals, while the recent evaluation adjustment reflects the evolving dynamics of its market position and technical trends. Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.