IIFL Holdings

IIFL group stocks such as 360 One WAM, IIFL Finance and IIFL Securities plunged up to 5 per cent in Monday's initial trade, but soon recouped losses. Here are the key levels to track.

Analysts believe that these statements are mere allegations, which, at best, can trigger a knee-jerk reaction in the markets when they open for trade on Monday

According to reports, the market regulator, Sebi is investigating Sanjiv Bhasin for his alleged involvement in market manipulation

IIFL Finance on Sunday reported a 6 per cent decline in consolidated net profit to Rs 431 crore for the March quarter as the RBI barred the financial services firm from undertaking gold loan business. The company had earned a net profit of Rs 458 crore in the same quarter a year ago. The Reserve Bank of India (RBI) on March 4 barred IIFL Finance Ltd from disbursing gold loans, with immediate effect following multiple supervisory concerns, including serious deviations in assaying and certifying the purity of the yellow metal. Its consolidated total income during January-March 2024 rose to Rs 2,922 crore as compared with Rs 2,276 crore in the year-ago period, IIFL Finance said in a regulatory filing. Interest income of IIFL Finance offers a range of loans and mortgages increased to Rs 2,720 crore during the quarter, as against Rs 2,058 crore in the year-ago period. During the quarter, the gross non-performing assets (NPAs) increased to 2.3 per cent as against 1.8 per cent at the end

Company has enough liquidity and there is no governance at play, says NBFC's managing director

With Tuesday's 20 per cent fall, IIFL Finance was seen trading below its 20-Month Average for the first time after a gap of 3 years. Chart suggests bias to remain weak below this particular level.

The equity capital market (ECM) underwriting fees reached $343.5 million, a 68 per cent rise from a year ago. ECM fee includes the fee from IPOs and follow-on offers

This is the second investment by ADIA in entities working in housing finance space in FY23. Last month, it concluded a deal to pick up 10% in HDFC Capital Advisors for Rs 184 cr

Non-banking finance company IIFL Finance on Tuesday said it has bought back USD 50 million worth of overseas bonds with funds raised through a loan from a global bank

Stock hits upper limit after regulatory filing shows promoter holding in the company had breached the 25% threshold following an open market purchase by chairman and CEO Nirmal Jain

On Thursday, shares of IIFL Securities closed 4.9 per cent higher to Rs 44.95

The distress at India's No. 2 phone operator deepened last week after the nation's top court ordered it to pay about $4 billion in past dues, dealing a fresh blow to the struggling business

The listing of IIFL Wealth follows its demerger from parent IIFL Finance with IIFL Securities, with the latter set to list on Friday

The board of directors of IIFL Finance at its meeting held in January 2018 had approved the reorganization of IIFL Group.

The public issue of bonds will open on Tuesday and will close on August 30

Income during the latest quarter grew 32 per cent to Rs 1,276 crore from Rs 965 crore in year-ago period, IIFL Holdings said in a statement

lnfoline Finance Limited is an NBFC subsidiary of the IIFL Holdings

While call options benefit buyers if the market rises, buying put options acts like insurance for their portfolio

The demerger, followed by listing will involve three units -- IIFL Finance (loans and mortgages); IIFL Wealth (wealth and asset management) and IIFL Securities (capital markets)

The stock rallied 19% to Rs 865 also its record high on BSE in intra-day trade.