Home First Finance Company India Ltd
NSE:HOMEFIRST
During the last 3 months Home First Finance Company India Ltd insiders have not bought any shares, and have not sold any shares. The stock price has increased by 31% over this period (open performance analysis).
The last transaction was made on
May 25, 2022
by
Vaibhav Bhujbal
(Deputy Managing Director)
, who
bought
3.2m INR
worth of HOMEFIRST shares.
During the last 3 months Home First Finance Company India Ltd insiders have not bought any shares, and have not sold any shares. The stock price has increased by 31% over this period (open performance analysis).
The last transaction was made on
May 25, 2022
by
Vaibhav Bhujbal
(Deputy Managing Director)
, who
bought
3.2m INR
worth of HOMEFIRST shares.
Home First Finance Company India Ltd
Glance View
Home First Finance Company India Ltd. is uniquely positioned in the Indian housing finance market, carving out a niche by catering primarily to the financially underserved segment. Established in 2010, the company targeted individuals usually overlooked by traditional financial institutions—those in the lower and middle-income brackets, often relying on informal income sources. The founders recognized a significant gap in the availability of affordable housing finance, especially for first-time homebuyers, and set out to bridge this divide. By leveraging technology and data-driven decision-making, Home First Finance has been able to streamline the loan approval process, making it faster and more efficient. This technological edge not only enhances customer experience but also minimizes risk through better credit assessment. The company's business model is centered around providing small-ticket loans predominantly for the purchase or construction of homes. By charging interest on these loans, Home First Finance generates its main revenue stream. It competes by offering tailored financial products with low transaction costs and flexible repayment options. These offerings are specially designed to meet the unique needs of informal sector workers, who often have unpredictable income patterns. Additionally, the company maintains robust measures for loan recovery, ensuring financial sustainability. Through a strategic combination of customer-centric services and operational efficiency, Home First Finance has established itself as a key player in the ever-growing Indian housing finance sector.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
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