IIFL Finance's share price today was Rs 400.30 as on 11 Nov 2022
IIFL Finance's share price was Rs400.30 on 11 Nov 2022, 0404 PM IST. IIFL Finance's share price was over by0.44 based on the former share price of Rs 404; this stock is useless preface IIFL Finance is a diversified fiscal institution innovated in 1995, IIFL Finance is a diversified fiscal institution with a presence across India.
The company offers a wide range of products and services including lending, investment banking, wealth operation, and insurance. IIFL Finance has a strong track record of growth and profitability. For the time ended March 31, 2020, the company reported total means under operation of Rs1.02 trillion(US$14.4 billion). The company's net profit for the time was Rs 567 crore(US$ 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 Rs217.85. Share Price As on 11Nov. 2018, IIFL Finance's share price was400.30 as per NMSE IIFL Finance's share price has been on a steady upward trend over the once time. As of Nov 11, 2018, the company's share price was400.30. This represents a significant increase from the company's share price of Rs. as of Nov 10, 2017.
IIFL Finance is a leading
fiscal services provider in India with a focus on lending, investment banking, and asset operation. The company has seen strong growth in recent times, which has led to an increase in its share price. The company's strong financials and positive outlook continue to attract investors, which is apparent by the adding 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, furnishing a range of fiscal products and services to individualities, commercial, and SME guests. 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 fiscal planning and investment advisory services to its guests. IIFL Finance has a strong network of branches across India, with over 1,000 branches presently functional. The company has apan-India presence, with branches in all major metropolises and municipalities. IIFL Finance also has an expansive network of agents and distributors that reach out to implicit guests in remote areas.
Listing Status Listed
As of November 27, 2020, IIFL Finance Ltd's share price wasRs.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 demanded prospects of advanced levies that would As of 3rd December, 2018 IIF demanded prospects of advanced levies that would help them to raise finances for their unborn systems.
Their share price was Rs.
as of Nov, which is lower than the Rs. it was in Oct. They've been trying to increase their share price by dealing means and issuing new shares, but this has not been successful. The company's fiscal situation is bleak and they're chancing it delicate to raise finances. IIFL securities tip 2022 As of Nov, the IIFL Finance share price was Rs. The company has declared a tip for the fiscal time 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 isRs. 1,250. IIFL FinanceLtd. is an India- groundednon-banking fiscal company( NBFC). The Company is engaged in the business of plutocrat lending, gold backing, capital requests, investment banking, forex broking, and loan against shares( LAS). It operates through four parts plutocrat Lending Business; Gold Financing Business; Capital Markets Business, and Others.
The plutocrat Lending business provides retail loans to small businesses and individualities in colorful corridor of India. The Gold Financing business offers loans against gold jewelry as collateral. The Capital requests business provides equity exploration, institutional broking, and other affiliated services. The Other conditioning include storeroom operations and income from investments. IIFL FinanceLtd., formerly known as Indiainfoline Finance Limited, is grounded in Mumbai, India.
IIFL securities are a good steal IIFL Securities Ltd
is a good stock to buy and hold long- term. The company has strong fundamentals and good growth eventuality. The stock is presently trading at Rs. as of Nov, which is a bargain considering its long- term prospects. The company reported strong growth in its rearmost 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 charges were well under control and grew only by.
The company has a strong balance distance with an equity capital of Rs crore and total means 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 presently trading at an seductive price- to- earnings rate of just 11 times its annualized earnings for FY, making it a good steal for the long term. IIFL Securities Performance As on Nov 9, 2020, IIFL SecuritiesLtd.( IISL) was trading atRs.56.85 on the BSE. The company’s 52- week high isRs. 171 and its 52- week low isRs.47.95. IISL hit its each- time high of Rs 353 on January 10, 2008, and its an each- time low of Rs 2 on March 17, 2009.
The company has a request 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 matching quarter last time( Q1FY20). Total income for the quarter grew by 3 percent to Rs 382 crore from Rs 370 crore in Q1FY20 while total charges rose 5 percent to settle at Rs 316 crore compared to Rs 303 in Q1FY20 IIFL Security Asset IIFL Finance is an India- grounded fiscal services company.
The Company provides loans, investment banking, wealth operation, and insurance products. It's engaged in the business of lending, including to small and medium enterprises( SMEs), retail and commercial guests; investment banking comprising trafficker banking, institutional equities, and investment exploration; wealth operation comprising portfolio operation services and distribution of third- party products, similar as collective finances, insurance, and fixed income products; and life insurance. As on March 31, 2016, the Company had a network of 1,060 branches and services across 579 metropolises in India. IIFL Finance's share price was Rs1193.50 as on November 27th, 2017.
IIFL Security Market Trend
In the once time, IIFL Finance has been one of the stylish players in the stock request, with its share price more than doubling from Rs. to Rs.. The company's strong fiscal results and growth prospects have been the crucial motorists behind this rally. Looking ahead, we believe that IIFL Finance is well- deposited to continue its strong performance in the stock request. The company's expanding product range, growing distribution network, and perfecting asset quality are all positive factors that should support sustained growth in its share price.
Conclusion
IIFL Finance Ltd is anon-banking fiscal company( NBFC) registered with the Reserve Bank of India( RBI). As on 11 Nov 2022, IIFL Finance's share price was Rs400.30. The 52- week high for the stock is Rs 495 and the 52- week low is Rs252.10. 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 largestnon-banking fiscal companies in India with a strong presence across the country. The company has a different product blend which includes retail lending, noncommercial lending, SME lending, home loans, and more. This gives IIFL Finance a big competitive advantage as it can feed to the requirements of a large number of guests. Another crucial strength of IIFL Finance is its educated operation platoon. The company is led byMr. Rashesh Shah who has over 25 times of experience in the fiscal services assiduity. Under his leadership, IIFL Finance has grown fleetly and come one of the leading NBFCs in India.
IIFL Finance also has a well- diversified loan book which reduces its pitfalls significantly. also, the company has strong connections with some of the largest banks in India which give it with access to low- cost backing. All these factors make IIFL Finance a veritably seductive stock pick for investors looking for long- term growth. Cons 1. Cons - The company has high debt situations, which may pose a threat to its fiscal stability. - IIFL Finance's share price has been unpredictable in recent months, which may make it a less seductive investment option for some investors. - The company's operating perimeters have been declining in recent times, indicating that it isn't as effective as it formerly was.
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