TooManyGurusHere!'s Stock Idea
TooManyGurusHere! is Bullish on IIFL Finance Ltd.
Idea Submitted on 26Jun,2019
  • 5 Total Ideas
  • 1 Active Ideas
  • 4 Closed Ideas
  • 0 Friends
  • 0 Followers
  • Avg. Returns
     -8.2%
    Rank
    90
    Success Rate
      0%
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      Idea Status :  Closed
    Stop Loss Triggered
    Idea Closed at 128.45 (18Jul,19 03:23:pm)
     Time Frame
    6months
     Start Price
    141.7
     Target Price
    250
     Stop Loss
    130
     Projected Gain
    108.3 (76.43% Upside)
     Returns Achieved
    -13.25     -9.35%
     Analysis
    Market is all confused about IIFL's demerger into 3 divisions.  The largest division (which is currently listed) is fast growing NBFC business.  Weak sentiment about NBFCs is also not helping it's stock price.  But fact of the matter is, IIFL's loan portfolio is primarily retail driven business and the major investor in the company is Fairfax Holdings (very reputed global investor Mr. Prem Vatsa).  Promoter Mr. Nirmal Jain is highly capable and ethical business man.   
     Stock Price Movement (EOD Basis)
     C.M.P IIFL Finance
    132.15
    Sentimeter
    Buy Calls: 1 Sell Calls: 0
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