Home First Finance Jumps 6% on Block Deal Buzz, Breaks 3-Day Losing Streak
As of 10:07 AM on 11 August 2025,
HOMEFIRST
shares surged nearly 6%, breaking a streak of three consecutive negative closes. The rally was fueled by a large trade executed earlier in the session. Market buzz suggests that Warburg Pincus entity Orange Clove Investments BV was likely offloading its entire stake in the company through a clean-out trade. The significant block deal not only spurred a spike in volumes but also triggered the sharp price upsurge seen today. Exchange data for the June quarter shows that Orange Clove Investments BV holds a 10.64% stake in the company. ₹1,285 may act as a key resistance level for the stock, potentially capping upward moves. On the downside, ₹1,194 and ₹1,170 are likely to serve as crucial support zones.
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