IIFL Finance share price may see 25% upside, says Jefferies; initiates coverage with ‘Buy’ rating

IIFL Finance has strengthened its retail franchise by expanding branches by two times in three years, which is likely to drive 23% asset under management (AUM) CAGR and 26% NII CAGR over FY23-26, according to foreign brokerage Jefferies.

IIFL Finance share price may see 25% upside, says Jefferies; initiates coverage with ‘Buy’ rating
IIFL Finance has strengthened its retail franchise by expanding branches by two times in three years, which is likely to drive 23% asset under management (AUM) CAGR and 26% NII CAGR over FY23-26, according to foreign brokerage Jefferies.