Home First Finance Achieves 52-Week High Amid Strong Growth in Housing Sector

Home First Finance Company India has made headlines today as its stock price reached a new 52-week high of Rs. 1399.95. This achievement highlights the company's strong performance in the housing finance sector, particularly as it has demonstrated a remarkable 32.59% return over the past year, significantly outperforming the Sensex, which has seen a return of just 5.77% in the same period.
Despite a slight underperformance today, with the stock down by 1.47% against its sector, Home First Finance continues to trade above its key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This indicates a robust market position and resilience in its performance metrics.

The company has consistently reported positive results for the last 15 quarters, with net sales reaching a record Rs. 414.66 crore and operating profits at Rs. 331.00 crore. With a strong long-term growth trajectory, evidenced by a 36.14% CAGR in operating profits and a 33.45% annual growth in net sales, Home First Finance Company India remains a notable player in the midcap housing finance market.