The shares of Aavas Financiers soared nearly 9 percent to hit an intraday high of Rs 1,845 apiece in morning trade on March 10. The stock was one of the top gainers on the BSE Smallcap index. Nearly 1.78 lakh shares of the company were involved in active trade, as seen at 10.40 am. This is over 12 times higher than the stock’s 10-day average trading volume. The Jaipur-based housing finance company has seen a strong uptick in its share price in the past months. It is now hovering near its 52-week high of £1,979 apiece, which it had hit on June 19 last year. The open offer was made for acquisition of over 2 crore equity shares of face value of Rs 10 each worth up to Rs 3,664 crore. The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Money control.com advises users to check with certified experts before making any investment decisions.