Aadhar Housing rallies 6%, hits record high; JM Financial sees more upside

Aadhar Housing Finance saw its stock price rise by 6%, hitting an all-time high. The surge was fueled by strong investor confidence and robust quarterly earnings reports. Aadhar Housing, a company that provides housing loans, particularly to low-income groups, has been witnessing steady growth due to rising demand for affordable housing. JM Financial has projected further upside potential for the stock, driven by the government's initiatives to promote affordable housing and increased urbanization. As a result, Aadhar Housing is becoming an attractive investment option in India’s housing finance sector.