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IIFL Securities Ltd News

Angel ONE, Motilal, IIFL: Charts hint up to 24% downside for broking stocks

Market outlook July 02: Trading strategies for stock broking firms in India as the Sebi seeks parity on fees, stricter regulations to options trading.

Angel ONE, Motilal, IIFL: Charts hint up to 24% downside for broking stocks
Updated On : 02 Jul 2024 | 9:45 AM IST

Broking stocks fall up to 11% after Sebi directs MIIs to levy uniform fees

Broking company stocks including Angel One, IIFL Securities, 5Paisa Capital, SMC Global, Motilal Oswal Financial Services and Geojit Financial Services fell in the range of 2-11 per cent

Broking stocks fall up to 11% after Sebi directs MIIs to levy uniform fees
Updated On : 02 Jul 2024 | 9:38 AM IST

IIFL Sec shares slump as former consultant Sanjiv Bhasin faces Sebi probe

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

IIFL Sec shares slump as former consultant Sanjiv Bhasin faces Sebi probe
Updated On : 27 Jun 2024 | 12:16 PM IST

IIFL Securities Q4 result: Net profit more than doubles to Rs 180 cr

IIFL Securities on Friday announced its net profit more than doubled to Rs 180.4 crore in three months ended March 2024 driven by strong growth in all the business segments. In comparison, the company had posted a net profit of Rs 86.4 crore in the year-ago period, IIFL Securities said in a statement. Total income surged 74 per cent year-on-year to Rs 704.4 crore for the quarter under review from Rs 405.2 crore in the January-March quarter of the FY 2022-23. "We witnessed strong growth in all our business segments. Our institutional broking and investment banking franchise has significantly improved their competitive position with stellar operating performance. Indian capital market businesses will continue to witness secular growth given multiple tailwinds over the next decade," "Venkataraman, Chairman, IIFL Securities, said. The company's board of directors in its meeting in March approved an interim dividend of Rs 3 per equity share of the face value of Rs 2 each for the financi

IIFL Securities Q4 result: Net profit more than doubles to Rs 180 cr
Updated On : 17 May 2024 | 2:09 PM IST

IIFL, Geojit: Brokerage stocks tank up to 40% in 2 mths; Time for pullback?

A retracement of up to 50 per cent of the recent fall, can lead up to 18% rally in shares of IIFL Securities, Geojit and Emkay, show technical charts.

IIFL, Geojit: Brokerage stocks tank up to 40% in 2 mths; Time for pullback?
Updated On : 27 Mar 2024 | 12:28 PM IST