India's Aavas Financiers rises as Citi recommends to buy the dip

** Shares of Aavas Financiers AAVAS rise 4.3% to 1593.2 rupees

** Analysts at Citi Research says the company is on track for gradual recovery after 6-7% downwards earnings revision following a weak first-quarter

** Adds, operational metrics likely bottomed out in Q1 and co on path for improvement

** There are visible signs of disbursement normalisation, with AUM likely to scale from second half of the fiscal - Citi

** Citi says that the co is trading 25%-30% discount to peers like Aadhar Housing Finance AADHARHFC and Aptus Value Housing Finance APTUS, offering favourable risk/reward, recommends to buy the dip

** Avg rating of 19 analysts covering the stock is "buy", their median PT is 1935 rupees - data compiled by LSEG

** Stock down 5% in 2025, vs a 22.5% rise in AADA and 12.5% gain in APTS