1. Strong business growth
The company continues to show strong growth in its loan book, driven by demand for housing loans and mortgage lending.
Assets under management have crossed ₹1.3 lakh crore, reflecting steady expansion in retail home loans.
2. Profit growth in recent quarterly results
In the latest reported quarter, the company posted over 20% year-on-year growth in net profit.
Growth was supported by higher loan disbursements and stable asset quality.
3. Fundraising to support expansion
The company has been raising capital through non-convertible debentures (NCDs) and other debt instruments.
These funds are mainly used to expand the housing loan portfolio and maintain liquidity.
4. Stock pressure after initial listing rally
After a strong run following listing, the stock has corrected significantly from its highs.
Profit booking and concerns about valuation have contributed to the decline.
5. Block deal and large trades
The stock recently saw large block deals in the market, which increased volatility and triggered short-term selling pressure.