CARE reaffirms ratings of IIFL Finance, IIFL Home Finance

CARE Ratings Limited (CARE), the credit rating agency, has reaffirmed its 'CARE AA' rating (with change in outlook from Negative to Stable) to the various debt instruments (Non-Convertible Debentures and Subordinated Debt) and long term bank facilities of IIFL Finance Limited (IIFL).

CARE has also reaffirmed its 'CARE AA' rating (with change in outlook from Negative to Stable) to the IIFL Home Finance Limited (IHFL) a wholly owned subsidiary of the Company for Non-Convertible Debentures issued by IIFL Home Finance Limited.

Shares of IIFL Finance Limited was last trading in BSE at Rs. 289.20 as compared to the previous close of Rs. 291.25. The total number of shares traded during the day was 32673 in over 741 trades.

The stock hit an intraday high of Rs. 293.90 and intraday low of 285.40. The net turnover during the day was Rs. 9451276.00.

Source : Equity Bulls

Keywords

IIFLFinance INE530B01024 IIFL FinancialServices IIFLHomeFinance RatingUpdate