Aadhar Housing Finance Ltd is a housing finance company that caters primarily to the low-to-middle-income group within the low-income housing finance sector. The company offers a wide range of mortgage-related loan products, including loans for residential property purchase and construction, home improvement and extension loans, loans for commercial property construction and acquisition, as well as loans against residential properties. All of its revenue is generated domestically within India.
Previous Close
505.30
TTM EPS
21.97
52 Week High
537.50
TTM PE
22.93
52 Week Low
346.05
P/B
3.71
Sector PE
16.48
Mkt Cap (Rs. Cr.)
21,767
(Source: Moneycontrol, BSE, Fisdom Research)
Technical Outlook
(Source: Fisdom research)
AADHARHFC has witnessed a decisive breakout and subsequent retest of its rectangle pattern, with last month’s move accompanied by notably higher volumes, reinforcing the validity of the breakout and adding strong bullish conviction.
Throughout the pattern formation phase, volumes remained muted, indicating steady accumulation by market participants. The stock has consistently outperformed the benchmark index, underscoring its relative strength.
Furthermore, it continues to trade comfortably above its 20-week EMA, a sign of sustained price resilience, while the RSI holding above the 62 mark highlights robust underlying momentum.
The confluence of these technical factors and the strong price structure positions the stock favourably for an extended bullish rally.
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