Will IIFL Finance be the next multibagger ? Don't miss it!!!

IIFL Group which got divided into 3 groups IIFL FINANCE , WEALTH, SECURITIES. Today we are gonna discuss on IIFL finance which is managing lending department of IIFL group.

Lets talk about its Fundamentals:-
  • Strong asset quality.
  • Low P/E ratio i.e. (5.46).
  • Attractive P/B Ratio i.e. (0.57).
  • This stock is having amazing Dividend yield of 3.11%.
  • This stock is available at less than its intrinsic value.
( From such stocks investors can get dual benefits like capital gain as well as high dividend benefits)

This stock has potential to create extraordinary wealth in near future, but such stocks require patience.

Call Recommendation:-
  • You can start accumulating it in small quantity.
  • A severe downfall can be seen in near future due to weak results of companies for 1st Quarter FY 20-21.

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