Aptus Value Housing shares worth ₹2,063 crore change hands in a block deal; Stock declines 9%

Aptus Value Housing shares worth ₹2,063 crore change hands in a block deal; Stock declines 9%Aptus Value Housing Block Deal: Shares changed hands at an average price of ₹307 per share. The total transaction value is said to be ₹2,063 crore.By Meghna Sen June 3, 2025, 9:36:28 AM IST (Updated)1 Min ReadShares of Aptus Value Housing Finance India Ltd. declined as much as 9% on Tuesday, June 3, after a large trade took place in the home loan company.

As many as 6.70 crore shares or 13.44% of the overall equity changed hands in the block deal, according to data available on the exchanges.

Shares changed hands at an average price of ₹307 per share. The total transaction value is said to be ₹2,063 crore.

CNBC-TV18 had reported on Monday that private equity firm Westridge Investments was expected to divest a 9.8% stake in Aptus Value Housing Finance India Ltd through a block deal worth ₹1,495 crore.

Buyers and sellers in the transaction is not known officially.

For the March quarter, Aptus Value Housing Finance India posted a 26% year-on-year jump in net profit, aided by strong disbursement growth and operational efficiency. Profit came in at ₹207 crore, up from ₹164 crore in the same quarter last year.

Shares of Aptus Value Housing Finance India Ltd. settled 0.88% lower on Monday at ₹337.65. The stock has climbed 16% so far in 2025.Continue ReadingFirst Published: Jun 3, 2025 9:33 AM ISTCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsAptus Value Housing Financeblock dealshare market today