Aptus VHFL growth levers in place: Why it is stock pick of the week

Aptus VHFL growth levers in place: Why it is stock pick of the week
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Synopsis

Analysts are confident about the company’s prospects due to its good business model and practices, expansion plans, pristine asset quality and growth in affordable housing segment.

The affordable housing loan company reported a good March quarter, with 23% y-o-y growth in net profit, supported by a stable cost-to-asset ratio. The asset quality improved with the decline in stressed assets, whereas disbursements and AUM saw a healthy growth of 27% and 30%, respectively, on a y-o-y basis. Aptus Value Housing Finance operates with 231 branches spread across Tamil Nadu, Andhra Pradesh, Telangana, Karnataka and Odisha. It

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