itsmedeepak0 15 Mar, 2024

SHORT TERM BULLISH

IIFL Finance Limited d/b/a IIFL and India Infoline Finance Limited, is an Indian diversified financial services company headquartered in Mumbai. The organisation was founded by Nirmal Jain On 1995.

  •  IIFL and its group companies are backed by Canadian investor Prem Watsa, private equity firm General Atlantic and CDC Group, the UK Government's private equity arm.

YOY  basic Revenue, Net Income & Net Revenue Growth is Good.

  • Revenue in Dec 2023  ( 1.46Tcr).
  • IIFL Finance is forecast to grow earnings and revenue by 17.7% and 20.4% per annum respectively. EPS is expected to grow by 17.7% per annum. Return on equity is forecast to be 19.7% in 3 years.

PRICE TARGET

  • IIFL Finance Ltd. has an average target of 640 /680. The consensus Price estimate represents an upside target of 85% from the last Closing price of 367.6000.
 
 

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