IIFL Finance Limited (NSE: IIFL)
Market Cap | 175.98B |
Revenue (ttm) | 65.14B |
Net Income (ttm) | 9.94B |
Shares Out | 424.46M |
EPS (ttm) | 24.42 |
PE Ratio | 10.68 |
Forward PE | 10.74 |
Dividend | 4.00 (0.98%) |
Ex-Dividend Date | n/a |
Volume | 832,618 |
Open | 409.00 |
Previous Close | 408.10 |
Day's Range | 405.90 - 419.70 |
52-Week Range | 313.25 - 670.00 |
Beta | 0.73 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Jan 23, 2025 |
About IIFL Finance
IIFL Finance Limited, a non-banking financial company, engages in financing activities in India and internationally. It offers home and gold loans; business loans, including business loan for manufacturers, women, and e-commerce; loans to micro, small, and medium enterprise; loans against securities; and digital finance loans, as well as supply chain finance. The company also provides construction and real estate financing; capital market financing; and lending, investment, and wealth management services. The company was formerly known as IIFL ... [Read more]
Financial Performance
In 2023, IIFL Finance's revenue was 66.25 billion, an increase of 22.45% compared to the previous year's 54.10 billion. Earnings were 17.64 billion, an increase of 17.55%.
Financial StatementsNews
CEAT shares jump 5% after IIFL maintains ‘Buy’ rating
CEAT’s stock surged 5% after IIFL reiterated its ‘Buy’ rating, setting a target price of ₹4000, suggesting a 29.62% upside from its current price of ₹3085.80. Key Highlights: The recent Michelin deal ...
IIFL on Ceat: Maintains buy rating with Rs 4000 target, sees 29.62% upside
IIFL has maintained its ‘Buy’ rating on Ceat, assigning a target price of ₹4000, which implies a potential upside of 29.62% from the current market price of ₹3,085.80. Key highlights from IIFL’s analy...
Adani Energy shares surge over 5% today – Know why
Shares of Adani Energy Solutions rose by 5% as it joins five other Indian stocks expected to enter the MSCI Standard Index in its upcoming rebalancing on November 6. The final announcement, set for We...
IIFL maintains Buy on Bank of Baroda, cuts target price to Rs 300, indicating 25.5% upside
IIFL has reiterated its Buy rating on Bank of Baroda, adjusting the target price to ₹300 from ₹310, suggesting a potential upside of approximately 25.5% from the current market price of ₹239.00. Key P...
IIFL Finance shares down nearly 4% after reporting Q2 net loss of ₹441.3 crore and 8.2% decline in NII
IIFL Finance shares fell by nearly 4% following the announcement of a substantial standalone net loss of ₹441.3 crore for the second quarter of FY25, compared to a net profit of ₹136.7 crore in the sa...
Indegene shares surge nearly 2% as IIFL sets target price of ₹750 with ‘Add’ rating
Indegene shares saw a nearly 2% rise after IIFL initiated an ‘Add’ rating on the stock, setting a target price of ₹750, which implies a potential 8% upside from the current market price of ₹692. IIFL ...
IIFL Finance to issue ₹150 crore NCDs with 9.5% interest rate, maturing in 2034
IIFL Finance Limited has announced that its Board has approved the issuance of Non-Convertible Debentures (NCDs) worth ₹150 crore on a private placement basis. The issuance includes a green-shoe optio...
HSBC upgrades IIFL Finance, raises target price to Rs 540 from Rs 350 earlier
HSBC has upgraded its rating on IIFL Finance to 'Hold' and raised the target price to Rs 540 from Rs 350
IIFL Shares Jump as India Regulator Lifts Ban on Its Gold Loans
IIFL Finance Ltd.’s shares surged to their highest in more than six months after India’s central bank lifted restrictions on its gold-backed lending business.
Jefferies upgrades IIFL Finance to Buy from Hold, stock surges over 10%
At 9:44AM, shares of IIFL Finance surged 10.12% to ₹546.15 after Jefferies upgraded the stock to ‘Buy’ from ‘Hold’, with a revised target price of ₹595. The stock witnessed strong buying interest foll...
IIFL Finance share price surges over 11% today after RBI lifts curbs on gold loan business
IIFL Finance share jumped more than 11% in morning trade after the Reserve Bank of India (RBI) lifted the restrictions imposed on its gold loan business, effective immediately. The restrictions, which...
IIFL Finance sees block trade of 11.3 lakh shares; RBI lifts restrictions on gold loan business, stock surges
IIFL Finance witnessed a significant block trade on the NSE, with 1,134,022 shares exchanged at a price of ₹549 per share, totaling ₹62.26 crore. The company’s stock is expected to remain in the spotl...
Stock Market Today: NTPC, Tata Power, Axis Bank, and IIFL Finance among top stocks to watch on September 20, 2024
The stock market is witnessing significant movement today with several key companies grabbing attention due to corporate developments, regulatory updates, and investor actions. Stocks in sectors rangi...
RBI lifts gold loan curbs on IIFL Finance
RBI has lifted the restrictions on IIFL Finance's gold loan operations, effective immediately. These restrictions were placed in March due to irregularities in their gold loan business. IIFL Finance a...
IIFL Finance: RBI lifts gold loan restrictions effective immediately
IIFL Finance has announced that the Reserve Bank of India (RBI) has lifted the restrictions imposed on its gold loan business, effective immediately. The restrictions, originally imposed on March 4, 2...
India’s IIFL Finance Faces Downgrade Risk On Gold Loan Ban
Indian shadow lender IIFL Finance Ltd is facing a threat of credit rating downgrade as early as this week, as a months-long regulatory ban on its gold loan business remains unresolved, according to pe...
IIFL Finance shares drop 5% amid downgrade risk due to gold loan ban
IIFL Finance shares fell by 5% on Wednesday following reports of a potential credit rating downgrade. According to ET Now, a local agency plans to reduce IIFL’s credit rating from AA to AA- due to the...
Sebi slaps Rs 11 lakh fine on IIFL Sec for flouting rules
India Business News: NEW DELHI: Sebi on Wednesday slapped a fine of Rs 11 lakh on brokerage firm IIFL Securities for flouting stock broker rules and other regulatory norms.