NBFC stock Aptus Value Housing Finance climbs over 3%; Citi sees over 30% upside potential

Shares of Aptus Value Housing Finance climbed over 3% to an intraday high of about ₹273.25 after Citi initiated a buy call with a target price of ₹350, implying around 32% upside from the previous close of ₹265.10. The brokerage highlighted the company's high ROA and ROE, strong net interest margins, and low-cost operating model in the affordable housing finance space, while flagging rising competition in core geographies and senior management changes as key risks. The stock has rallied over 35% in the last three months though it remains down nearly 5% year-to-date.