Profitability pressure likely
In the years since Independence in 1947, there have been a total of 73 full budgets, a total of 14 interim budgets and 4 mini-budgets.
Weak volumes, margins likely
According to the BSE website, 9,58,688 applications received against 4,55,06,791 shares offered for subscription.
Analysts at IIFL Capital Services have analyzed the subscriber data as published by the TRAI for the month of November 2022.
The said shares will rank pari-passu with the existing shares of the Company in all respect, the Bank said.
On the sectoral front, except Nifty IT, all the sectoral indices are trading in the red.
Strong, all-round performance likely on growth and profitability
Existing data plans will work on 5G until roll-out is complete.
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 (Member ID - NSE: 10975 BSE: 179 MCX: 55995 NCDEX: 01249), DP SEBI Reg. No. IN-DP-185-2016, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, Merchant Banker SEBI Regn. No. INM000010940, RA SEBI Regn. No: INH000000248, BSE Enlistment Number (RA): 5016, AMFI-Registered Mutual Fund Distributor & SIF Distributor
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