What’s really behind IIFL Finance’s stock price and future outlook?
IIFL Finance closed last week at INR464. 85 per share, but one analyst isn’t convinced it’s time to buy. Bhaskar Basu, who follows financial stocks like HDB Financial and Muthoot Finance, kept a Hold rating and set a target of INR520. 00. That’s a nearly 12% jump from the current price. But is this