IIFL Finance shares drop 15% after Income Tax audit directive; founder calls it a standard procedural step amid ongoing assessments.
In its latest note, Jefferies has maintained 'hold' rating on IIFL Finance, but has reduced its price target from Rs 625 to ...
IIFL Finance share price plunged 17.93 per cent to ₹511.15, the lowest level since October 29, 2025 on the National Stock Exchange (NSE).
IIFL Finance shares plunged 17% despite a 20% profit rise after receiving an income-tax notice for a past block period. The ...
In an interaction with CNBC-TV18 after the stock price fall, IIFL Group head Nirmal Jain said that Section 142 (A) is for complex accounts and that the Income Tax Department order is procedural.
Jefferies said that while core operating trends improved, a large part of profit before tax and return ratios was driven by distribution agency income, which tends to be lumpy and volatile.
IIFL Finance reports multifold Q3 profit increase to Rs 501 cr. Stock falls after Income Tax dept directive. Gold loan AUM triples.
Explore the IIFL Authorised Person Program—eligibility criteria, benefits, commission structure, and onboarding process. Learn how to partner with IIFL and grow your financial business.
Get a quick overview of the AAA Platform by IIFL Capital Services Limited, including its key features, benefits, and how it ...
Shares of BSE Ltd surged 5.3% intraday to touch a high of Rs 2,205 on the NSE today, following a report by domestic brokerage firm IIFL Capital highlighting that the impact of the expiry day swap on ...
IIFL Finance expects home loans to drive growth. Gold loans surged. Asset quality improves. Focus on secured lending and profitability.