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Recommendation: BUY; Target Price: Rs 3085

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Hinduja Group will increase its stake to 26%.

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Any budget needs to be evaluated in the light of the expectations and it must be said that the expectations ahead of Union Budget 2023-24 were quite extravagant (for want of a better word).

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Most term it a positive budget.

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Analysts of IIFL Capital Services believe power impact of the budget announcements on the rating agencies sector.

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Profit in the quarter at Rs 3,691 crore.

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Finance Minister Nirmala Sitharaman said that ‘green growth’ would be one of the priorities of the budget.

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LegalPay, founded in 2020, is the country's first litigation funding platform. In the legal and insolvency markets, it offers embedded financing.

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The company's solvency ratio increased from 209% to 225%.

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The bank's total income increased 36% yoy to Rs2,413 crore from Rs1,773 crore.

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(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

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+91 9892691696

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2025, IIFL Capital Services Ltd. All Rights Reserved

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Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248, DP SEBI Reg. No. IN-DP-185-2016, BSE Enlistment Number (RA): 5016
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor), PFRDA Reg. No. PoP 20092018

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