Fairfax Financial Holdings offloaded 5.89% stake in IIFL Securities on August 16.

Shares of IIFL Securities gain after bulk deal

Shobha Gangwal sold 1.15 crore shares, which is equivalent to 2.99 percent of paid-up equity, in IndiGo via three block deals.

Bulk deals | Promoter Shobha Gangwal exits InterGlobe Aviation, Fairfax Financial Holdings offloads 5.89% stake in IIFL Securities

For the June quarter, the company reported a 71.3 YoY percent increase in net profit at Rs 74.7 crore. Revenue came in at Rs 409.1 crore, up 40.3 percent from the year-ago period

IIFL Securities gains 5% after huge block deal

RK Swamy Ltd files DRHP for ₹215 cr IPO; offers 8.7 mn equity shares. Funds to be used for working capital, IT infra, new customer experience centres, etc. 818 creative campaigns, 97.69 TB data, 2.37 mn consumer interviews serviced by 2,391 employees. SBI Capital, IIFL Securities, Motilal Oswal Inve…

RK Swamy files IPO papers with SEBI

Sanjiv Bhasin of IIFL Securities, has recommended Apollo Hospital, SBI Life and HDFC Life, and BEL as new high-flying stocks to invest in while maintaining the view of being with large-cap stocks, including Tech Mahindra, HCL Tech and Persistent. Bhasin considers the lack of correction in good quali…

Sanjiv Bhasin | Stocks To Buy: Time to be a little bit greedy now; 4 stocks where Sanjiv Bhasin wants to chase new highs

“Basis Vis disclosures, it faces large payouts in 2QFY24...of the estimated Rs 4,300 crore outgo, Rs 2,600 crore is towards debt repayments (maturing) and a Rs 1,700 crore instalment related to 5G spectrum, which may exert pressure on payments to Indus, unless Vi raises funds,” IIFL Securities said …

Voda Idea faces Rs 4300 cr debt, 5G payouts in FY2Q, Indus wary of impact on dues: IIFL

IIFL Securities is bullish on CMS Info Systems has recommended buy rating on the stock with a target price of Rs 449 in its research report dated July 25 2023.

Buy CMS Info Systems; target of Rs 449: IIFL Securities

The Book Running Lead Managers (BRLMs) include Intensive Fiscal Services Private Limited, Ambit Private Limited, IIFL Securities Limited and Link Intime India Private Limited.

Yatharth Hospital IPO to open on July 26: 10 key things to know

In December 2022, 5Paisa had announced its decision to merge IIFL Securities’ online retail trading business with itself

5Paisa nearly doubles net profit in Q1, stock surges 4%

Dollar indexs fall augurs well for the yellow metal in the short term and investors can look to buy gold and silver futures now, Anuj Gupta, Vice President (VP), Commodity and Currency Research at IIFL Securities said.

Gold Rate Today: Gold prices in India slip amid gains in INR against USD. Check price of yellow metal in Delhi, Ahmedabad, and other cities

Gold futures on the MCX have gained 0.52% or Rs 304 per 10 grams on a month-to-date basis, Anuj Gupta, Vice President (VP), Commodity and Currency Research at IIFL Securities told ET Markets. They are up by 6.31% or Rs 3,468 on a year-to-date basis, he said. Meanwhile, silver futures have gained nea…

Gold Rate Today: Gold logs minors gains ahead of Fed mins; check price of yellow metal in Delhi, Ahmedabad, and other Indian cities

Hasn't fared well - amongst the low performers

Performance

Can be considered moderately valued vs the market

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

IIFL Securities Ltd is a diversified financial services company. The Company offers advisory and broking services, financial products distribution, institutional research and investment banking services. 