Aavas Financiers increases Prime Lending Rate by 25 bps; Stock gains 1%

16 May 2022 , 10:01 AM

Aavas Financiers Ltd has informed that the Company has increases its AFL Prime Lending Rate (PLR) by 25 basis points, with effect from June 05, 2022.

At around 10:01 AM, Aavas Financiers was trading at Rs2096.25 per piece higher by 1.27% against previous closing of Rs2069 per piece on the BSE.

The scrip opened at Rs2,099.95 and has touched a high and low of Rs2,099.95 and Rs2,048.75 respectively so far today. The current market cap of the company is Rs16,341.11 crore.