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IIFL Finance rises 3% as board gives nod to NCDs up to Rs 25,000-cr

Business Standard LogoBusiness Standard9h ago

IIFL Finance rises 3% as board gives nod to NCDs up to Rs 25,000-cr - Business Standard

Quick Summary:

In its Q2 results, IIFL Finance reported a consolidated net loss of Rs 93.07 crore in the second quarter as compared to a net profit of Rs 525.

The market capitalisation of the company stood at Rs 18,272.80 crore."The board of directors of the company at their meeting held today, i.e.

The buying interest in the stock came after the company's board approved Rs 25,000 crore worth non convertible debentures (NCDs).


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IIFL Finance rises 3% as board gives nod to NCDs up to Rs 25,000-cr - Business Standard (Picture 1)

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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-31 @ 12:37:55 (9 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 441 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23346489

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 220 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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The story "IIFL Finance rises 3% as board gives nod to NCDs up to Rs 25,000-cr" was covered 9 hours ago by Business Standard, a news publisher based in India.

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  • URL: https://beamstart.com/news/iifl-finance-rises-3-as-17303589341966

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