IIFL Finance's share price today

IIFL Finance's share price today was Rs 400.30 as on 11 Nov 2022

IIFL Finance's share price was Rs 400.30 on 11 Nov 2022, 04:04 PM IST. IIFL Finance's share price was up by 0.44% based on the previous share price of Rs 404; this stock is useless


Introduction: IIFL Finance is a diversified financial institution

Founded in 1995, IIFL Finance is a diversified financial institution with a presence across India. The company offers a wide range of products and services including lending, investment banking, wealth management, and insurance.

IIFL Finance has a strong track record of growth and profitability. For the year ended March 31, 2020, the company reported total assets under management of Rs 1.02 trillion (US$14.4 billion). The company's net profit for the year was Rs 567 crore (US$79 million).

IIFL Finance is listed on the Bombay Stock Exchange and the National Stock Exchange of India. The share price of IIFL Finance as on Nov 27, 2020, was Rs 217.85.

Share Price: As on 11 Nov. 2018, IIFL Finance's share price was 400.30 as per NMSE

IIFL Finance's share price has been on a steady upward trend over the past year. As of Nov 11, 2018, the company's share price was 400.30. This represents a significant increase from the company's share price of Rs . as of Nov 10, 2017.

IIFL Finance is a leading financial services provider in India with a focus on lending, investment banking, and asset management. The company has seen strong growth in recent years, which has led to an increase in its share price. The company's strong financials and positive outlook continue to attract investors, which is evident by the increasing share price.

Stock Exchange Listing: IIF shares are listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) in India

IIFL Finance is one of India's leading NBFCs, providing a range of financial products and services to individuals, corporate, and SME clients. The company's shares are listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) in India.

IIFL Finance offers a wide range of products and services, including loans against property, home loans, SME loans, vehicle loans, construction finance, and deposit products. The company also provides financial planning and investment advisory services to its clients.

IIFL Finance has a strong network of branches across India, with over 1,000 branches currently operational. The company has a pan-India presence, with branches in all major cities and towns. IIFL Finance also has an extensive network of agents and distributors that reach out to potential customers in remote areas.

Listing Status: Listed

As of November 27, 2020, IIFL Finance Ltd's share price was Rs. 662.40 on the BSE. The company's shares have been listed on the BSE since February 11, 2020.

Political Background: As of 3rd December 2018 IIF lacked prospects of higher taxes that would

As of 3rd December, 2018 IIF lacked prospects of higher taxes that would help them to raise funds for their future projects. Their share price was Rs . as of Nov, which is lower than the Rs . it was in Oct. They have been trying to increase their share price by selling assets and issuing new shares, but this has not been successful. The company's financial situation is bleak and they are finding it difficult to raise funds.

IIFL securities dividend 2022

As of Nov, the IIFL Finance share price was Rs. The company has declared a dividend for the financial year 2022. The compensation will be paid on Feb 4, 2023, to shareholders on record as on Jan 31, 2023.

IIFL securities share price target

The IIFL Securities share price target is Rs. 1,250.

IIFL Finance Ltd. is an India-based non-banking financial company (NBFC). The Company is engaged in the business of money lending, gold financing, capital markets, investment banking, forex broking, and loan against shares (LAS). It operates through four segments: Money Lending Business; Gold Financing Business; Capital Markets Business, and Others. 

The Money Lending business provides retail loans to small businesses and individuals in various parts of India. The Gold Financing business offers loans against gold jewelry as collateral. The Capital Markets business provides equity research, institutional broking, and other related services. The Other activities include treasury operations and income from investments. IIFL Finance Ltd., formerly known as Indiainfoline Finance Limited, is based in Mumbai, India.

 IIFL securities are a good buy

IIFL Securities Ltd is a good stock to buy and hold long-term. The company has strong fundamentals and good growth potential. The stock is currently trading at Rs . as of Nov, which is a bargain considering its long-term prospects.

The company reported strong growth in its latest quarter results with the net profit growing by %. The top-line growth was driven by the strong growth in interest income and other income. The interest income grew by % while the other income grew by %. The operating expenses were well under control and grew only by %.

The company has a strong balance sheet with an equity capital of Rs crore and total assets of Rs crore. The net worth of the company stood at Rs crore as of Sep. The book value of the share is Rs.

The stock is currently trading at an attractive price-to-earnings ratio of just 11 times its annualized earnings for FY, making it a good buy for the long term.

 IIFL Securities Performance

As on Nov 9, 2020, IIFL Securities Ltd. (IISL) was trading at Rs. 56.85 on the BSE. The company’s 52-week high is Rs. 171 and its 52-week low is Rs. 47.95. IISL hit its all-time high of Rs 353 on January 10, 2008, and its an all-time low of Rs 2 on March 17, 2009. The company has a market capitalization of Rs 2,580 crore and equity of Rs 1,092 crore as on March 31, 2020. 

The face value of each share is Rs 2. For the quarter that ended June 30, 2020 (Q1FY21), IISL reported a net profit of Rs 42 crore as against a net profit of Rs 38 crore for the corresponding quarter last year (Q1FY20). Total income for the quarter grew by 3 percent to Rs 382 crore from Rs 370 crore in Q1FY20 while total expenses rose 5 percent to settle at Rs 316 crore compared to Rs 303 in Q1FY20

IIFL Security Asset

IIFL Finance is an India-based financial services company. The Company provides loans, investment banking, wealth management, and insurance products. It is engaged in the business of lending, including to small and medium enterprises (SMEs), retail and corporate customers; investment banking comprising merchant banking, institutional equities, and investment research; wealth management comprising portfolio management services and distribution of third-party products, such as mutual funds, insurance, and fixed income products; and life insurance. As on March 31, 2016, the Company had a network of 1,060 branches and offices across 579 cities in India.

IIFL Finance's share price was Rs 1193.50 as on November 27th, 2017.

IIFL Security Market Trend

In the past year, IIFL Finance has been one of the best performers in the stock market, with its share price more than doubling from Rs. to Rs. . The company's strong financial results and growth prospects have been the key drivers behind this rally.

Looking ahead, we believe that IIFL Finance is well-positioned to continue its strong performance in the stock market. The company's expanding product range, growing distribution network, and improving asset quality are all positive factors that should support sustained growth in its share price.

Conclusion

IIFL Finance Ltd is a non-banking financial company (NBFC) registered with the Reserve Bank of India (RBI). As on 11 Nov 2022, IIFL Finance's share price was Rs 400.30. The 52-week high for the stock is Rs 495 and the 52-week low is Rs 252.10. The face value of each IIFL Finance share is Rs 2.

Pros

When it comes to IIFL Finance, several pros make it a strong stock pick.

First and foremost, IIFL Finance is one of the largest non-banking financial companies in India with a strong presence across the country. The company has a diverse product mix which includes retail lending, wholesale lending, SME lending, home loans, and more. This gives IIFL Finance a big competitive advantage as it can cater to the needs of a large number of customers.

Another key strength of IIFL Finance is its experienced management team. The company is led by Mr. Rashesh Shah who has over 25 years of experience in the financial services industry. Under his leadership, IIFL Finance has grown rapidly and become one of the leading NBFCs in India.

IIFL Finance also has a well-diversified loan book which reduces its risks significantly. Moreover, the company has strong relationships with some of the largest banks in India which provide it with access to low-cost funding.

All these factors make IIFL Finance a very attractive stock pick for investors looking for long-term growth.

Cons

1. Cons:

-The company has high debt levels, which may pose a risk to its financial stability.

-IIFL Finance's share price has been volatile in recent months, which may make it a less attractive investment option for some investors.

-The company's operating margins have been declining in recent years, indicating that it is not as efficient as it once was.


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