Home First Finance bulk deal alert: Promoters sell stake worth Rs 660 crore; Societe Generale among buyers – News Air Insight

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Home First Finance Company India’s promoter entities Aether (Mauritius) Limited and True North Fund V LLP today sold stakes worth Rs 326 crore and Rs 334 crore in separate bulk deals on Thursday. The buyers were French multinational bank Societe Generale and PICTET – Indian Equities.

Between them they sold shares worth Rs 660 crore.

The stock fell sharply today, closing at Rs 1,176.25, down nearly 6% from Wednesday’s closing price.

While Aether sold a total of 27.38 lakh shares in a couple of tranches at a price of Rs 1,190 apiece, True North Fund sold over 28 lakh shares in two tranches at the same price.

True North Fund held over 77.37 lakh shares in the company representing 7.45% stake as of December 31, 2025 while Aether’s equity amounted to 4.90% accounting for nearly 51 lakh shares.


Societe Generale bought over 8.4 lakh shares in a deal valued at Rs 100 crore. PICTET purchased 17.97 lakh shares which were worth Rs 214 crore.

Also read: Goldman Sachs doubles down on Aye Finance despite muted debut; BofA picks up stake in EIL in Rs 100 crore bulk deal

Home First share price history

Shares of Home First Finance Company have delivered 33% returns over a one-year period, outperforming benchmarks Nifty and the BSE Sensex whose returns in the same period are 13% and 10%, respectively. The stock is up 7% on the year-to-date basis.

The stock is currently trading above its 50-day simple moving average (SMA) of Rs 1,134 while slipping below the 200-day SMA of Rs 1,220, according to the Trendlyne data.

The company reported a net profit of Rs 140 crore in the December-ended quarter, recording a 44% growth over a profit after tax (PAT) of Rs 97 crore in the year ago period. The total revenue in the quarter under review stood at Rs 484 crore, which is a growth of 19% over Rs 407 crore in the corresponding quarter of the last financial year.

The smallcap NBFC with a market capitalisation of Rs 12,259 crore offers home loans.

Also read: Morgan Stanley, Goldman Sachs pick multibagger Ather Energy via block deals; NIIF sells Rs 233 cr stake

(Disclaimer: The recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times.)



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