<ul><li>Home First Finance receives 'Buy' upgrade from ICICI Securities, expects 27% upside.</li><li>Steady growth in Assets Under Management (AUM) and strong control on operating expenses and credit quality contributed to Home First commanding premium valuations.</li><li>Home First has shown a strong 33% AUM compound annual growth rate (CAGR) between FY21-24.</li><li>The company plans to reach Rs 400 billion in AUM by FY30 with the help of fresh capital of Rs 12.5 billion.</li></ul>

Home First Finance Gets 'Buy' Upgrade From ICICI Securities, Sees 27% Upside

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