“Bullish on Aptus Value Housing Finance, raising its price target to ₹405 from ₹395, implying a 42% upside. This is driven by expected disbursement growth pickup in FY27, healthy asset quality, and increased EPS forecasts (17-20% CAGR FY27-29). Valuations are attractive, trading below historical five-year averages, with a multi-year growth potential exceeding overall system credit growth.”