Meanwhile, consolidated net sales increased 4% to Rs 3,905 crore.
Company’s cash position remained steady in H1FY24; however analysts of IIFL Capital Services expect it to decline in H2 given higher capex and Sanghi acquisition
When Zurich purchases 51% of the insurance firm, it will no longer be a subsidiary of the bank.
Recommendation: Add; Target Price: Rs 110
Foreign Institutional Investors (FIIs) offloaded equities worth Rs 1,816.91 crore on Wednesday, according to exchange data
Employees, with a Rs 1 crore share reservation in the IPO, oversubscribed their allotment by 4.00 times.
The company's total expenses rose by 12%, including a finance cost increase of about 18%
Fed held rates in the range of 5.25%-5.50% but gave strong warnings of more rate hikes to push inflation towards 2%.
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
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IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, DP SEBI Reg. No. IN-DP-185-2016, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, Merchant Banker SEBI Reg. No. INM000010940, SEBI RA Regn. No: INH000000248, BSE Enlistment Number (RA): 5016
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