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.
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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