Aptus Value Housing Finance share price – Weak Listing, RECOVERY, Correction - PRICE MOVEMENT in a nutshell

Aptus Value Housing Finance Share Price: The stock of Aptus Value Housing Finance India Limited was trading at Rs 336.50 on the NSE on Wednesday. It was down by almost 3 per cent or Rs 10.40 on the intraday basis after closing at Rs 346.90 on the listing day.

Aptus Value Housing Finance IPO Listing was at a discount of 5.6 per cent on the BSE and NSE on Tuesday. As against the IPO share price of Rs 353, the stock was listed at Rs 333 on the NSE. The intraday high for this stock was Rs 356.50 on the NSE

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Meanwhile, on the BSE, Aptus Value Housing Finance Share Price was trading at Rs 336.60, down by Rs 9.90 or 2.8 per cent around this time. On the intraday basis, the low stands at Rs 334 while the intraday high is Rs 356.50.  The stock opened positively on BSE but soon took a U-Turn. The stock was listed at at Rs 329.95 on the BSE. The stock ended at Rs 346.50 on the BSE on Tuesday.

Aptus Value Housing Finance IPO Listing was at a discount of 5.6 per cent on the BSE

As per the information present on the NSE, the trading volumes of the Aptus Value Housing Finance shares was 1,164,035 (approximately 11.64 lakh) with a traded value at Rs 4,008.12 lakhs (40.08 cr). The total Market Capitalisation stood at Rs 1,667,628.70 lakhs (16.67 cr)

Market Expert Avinash Gorakshakar had previously recommended that long term investors can take a bet on this stock even though the listing has been lacklustre. He said that he was positive on this stock with along term view. He said that this stock could be accumulated even on dips from here.

This housing finance company stock could prove to be a potential money earner for investors with long term horizon.    

The initial public offering (IPO) of Aptus was subscribed 17.20 times on the NSE during the subscription period from August 10-12, 2021. The price band of the issue was fixed at Rs 346-353 per share.