Aadhar Housing Finance share surge over 7% on stake sale buzz
surged 7.33% to Rs 533 on Monday, following reports that an investment vehicle backed by Abu Dhabi's ADQ and Sheikh Tahnoon bin Zayed al-Nahyan is in advanced talks to acquire a minority stake in the company.
The potential investment—estimated at $200–225 million (Rs 1,750–2,000 crore)—would translate into a 10–12% stake in the
affordable housing finance
firm through a secondary share sale. A formal announcement is expected in the coming weeks, sources familiar with the matter said, according to a report by The Economic Times.
Aadhar Housing Finance, backed by private equity giant Blackstone, made its stock market debut in 2024. The prospective stake sale would mark a significant foreign investment move in the Indian financial services sector, and is seen as a vote of confidence in the long-term growth of affordable housing finance in India.
This will follow a larger, nearly $2 billion (Rs 17,335 crore) capital commitment by Blackstone along with two of its sponsors or limited partners (LPs). This will be through the transfer of most of Blackstone's existing three-fourths shareholding into a new 'continuation' vehicle, similar to what it did in Mphasis in 2021. Blackstone declined to comment on the identity of the incoming investor or the specifics of the deal. ADQ and Sheikh Tahnoon's office have also not responded to media queries.
Market participants see the development as a positive signal for the company's prospects and stability of ownership. The stock reacted accordingly, recording one of its sharpest single-day gains since listing.
Aadhar Housing Finance
touched a new 52-week high of Rs 538 during intraday trading, reflecting growing investor interest amid
stake sale buzz
and strong technical momentum.
From a technical view, Aadhar Housing's RSI (14) is at 60.5, indicating neutral to bullish momentum. It's not overbought or oversold, suggesting the stock has room to rise further without being overextended.
Additionally, the stock is showing bullish signals on moving averages. It is currently trading above all 8 key Simple Moving Averages (SMAs)—from the 5-day to the 200-day SMA. This broad-based strength across short-, medium-, and long-term averages reinforces the uptrend and suggests sustained buying interest.
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