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May 15, 2024

Aadhar Housing Finance stock makes D-Street debut on flat note

After a healthy response to the IPO, the shares of Aadhar Housing Finance listed on the exchanges today at Rs 314.3, a marginal discount of 0.22%, on BSE. Ahead of the listing, the company's traded with a premium of Rs 50 in the unlisted marketThe company boasts of highest assets under management (AUM) within its low-income segment, signifying its strong market position."Overall, Aadhar Housing Finance's strong fundamentals and dominant market position in the low-income segment suggest a decent outlook. However, with the recent market volatility and the company's inherent challenges, investors should consider a long-term perspective and maintain a healthy risk appetite," said Shivani Nayti, Head of Wealth, Swastika Investmart.The IPO, which comprised fresh equity issue worth up to Rs 1,000

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