HDFC Mutual Fund raises its stake to 5.09% in this housing finance stock. Details here

Stock Market Today: Stock Market Today: HDFC Mutual Fund has raised stake to 5.09% in  housing finance stock, Home First Finance Company India Ltd

HDFC Mutual fund raises stakes in Home First Finance- Details

As per release by the HDFC Mutual Fund on the exchanges on 22 January 2025 said that aggregate holding of aggregate mutual fund schemes in Home First Finance Company India Ltd as at the close of business hours on 21 January 2025 was at 5.09% of the paid up equity capital of the company. The paid up equity share capital being around ₹17.94 crore ( ₹17,93, 59,494) comprising 8,96,79, 747 equity shares of face value of ₹2 each.

Home First Finance Company India share price movement

Home First Finance Company India share price opened at ₹987 on the BSE on Thursday , slightly lower than previous close of ₹991.47. The Home First Finance Company India share price thereafter rose to intraday highs of RS 1001.20, marking gains of more than 1%

Home First Finance Company India share price had seen good gains from 52 week or 1 year lows of ₹777 to ₹1383 levels in October 2024. Home First Finance Company India share price however has corrected significantly thereafter with corrections seen in the broader markets 

Home First Finance Company India to consider fund raising

Home First Finance Company India Ltd also has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/01/2025 ,inter alia, to consider and approve

 a) Reviewed Financial Results of the Company for the quarter and nine months ended December 31, 2024

 b) Raising of funds by way of issuance of equity shares to eligible investors through qualified institutions placement(s) or through any other permissible mode or any combination thereof under applicable laws.

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