Home First Finance Shows Strong Trading Activity Amidst Declining Investor Participation

Home First Finance Company India Ltd, a prominent player in the housing finance sector, has emerged as one of the most active equities today, with a total traded volume of 866,086 shares and a total traded value of approximately Rs 123.96 lakhs. The stock opened at Rs 1,395.0, reflecting a gain of 2.32% from the previous close of Rs 1,363.4. Throughout the trading session, it reached an intraday high of Rs 1,448.7, marking a notable increase of 5.91%.
Currently, Home First Finance is trading at Rs 1,436.1, which positions it 4.59% away from its 52-week high of Rs 1,510. The stock has shown resilience, gaining 5.45% today, significantly outperforming its sector, which returned only 0.14%. This performance comes after two consecutive days of decline, indicating a potential trend reversal.

Despite this positive movement, there has been a decline in investor participation, with delivery volume dropping by 48.5% compared to the five-day average. Nevertheless, the stock remains liquid, with a trading capacity sufficient for a trade size of Rs 0.51 crore. Overall, Home First Finance Company India Ltd continues to demonstrate strong performance metrics within the mid-cap housing finance industry.