Hello friends! Today we will discuss the IIFL Finance Share Price Target 2023, 2024, 2025 and 2030. In this article, we will try to predict what the future share price target may be for IIFL Finances company. This article will provide you with a technical and fundamental analysis of IIFL Finance shares.
The stock price of IIFL Finance Limited company was Rs 65 in August 2020, but then for some time now the stock of the company has made a profit by giving multibager returns of 550% to its investors. Since its listing, the company’s stock has provided a remarkable return of 6000% for its investors.
About IIFL Finance Ltd
IIFL Finance Ltd company is a SEBI approved NBFC company that works with its subsidiaries for lending. The company has reduced business loans to reduce its risk and the company’s loan book consists of 34% home loan and 31% gold loan. The company has been focusing on providing small and retail loans for the last five years.
The company currently has 2700 branches all over India, in which 21 thousand employees are employed. 85% of the company’s branches are in T1 and T2 City.
IIFL Finance Share Price Target 2023
The company’s stock has been seeing a good boom since August 2020 and the company’s stock has increased from Rs 65 to Rs 475 during this time. Experts believe that William percent is indicating growth in R&CCI indicator stock.
If we talk about IIFL Finance share price target 2023, if the company’s stock continues to rise, then the company’s stock can be seen from Rs 520 to Rs 550 by the end of 2023.
IIFL Finance Share Price Target 2024
The company management seems to be expanding its business as well as covering its risk. Due to which the company management is focusing on home loans and gold loans instead of business loans. Due to which the NPA of the company seems to be decreasing.
The company is able to make good net profit even after paying a huge amount of interest on its loan. In the last 3 years, the company’s net profit has increased from Rs 500 crore to Rs 1400 crore.
If we talk about IIFL Finance share price target 2024, then due to the company’s increasing sales growth and improvement in NPAs, Ventura Securities brokerage house believes that the price target of the company’s stock can be seen up to Rs 650 in the coming time.
IIFL Finance Share Price Target 2025
Most of the company’s business is currently spread 85% in T1 and T2 cities. But in the coming time, the company management will be seen focusing on increasing its business in T3 cities and small towns to increase its business.
The company management is also working on digital technology to increase its network. You can get complete information with the help of the company’s mobile application and the company is also providing you the facility of providing online loans, due to which new customers are seen joining the company, which is seen playing an important role in the company’s sales growth.
If we talk about IIFL Finance share price target 2025, then in the coming time, it can be seen from Rs 680 to Rs 725 amidst market fluctuations.
IIFL Finance Share Price Target 2030
If you consider the long-term price goal of the company, the promoter holding is slightly lower than 25%. But there are unlimited possibilities for growth in the company’s business model.
The company management is focusing on home loans and gold loans to improve its NPAs. If the company management plans to reduce its debt in the coming time, then the company will have to pay less interest and the company’s net profit will see a good jump.
If we talk about IIFL Finance Share Price Target 2030, given the good prospects of future growth in the company’s business model, it can be assumed that in the future, the price target of the company’s stock can be seen from Rs 1400 to Rs 1700.