Is IIFL Wealth Management stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, IIFL Wealth Management pays dividends. Last time was Thursday 1st of January 1970 where the investors holding the stock on Monday 30th of January 2023 were paid INR8.5 per share. Over the last 10 times between 2019 and 2023, IIFL Wealth Management has paid INR107 with an average of INR10.7 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for IIFL Wealth Management 10 years ago, but if you had invested on Thursday 19th of September 2019 when the price was INR1 270.50, you would have made a profit of INR542.80 per share or 42.72%
Yes, the average daily trading liquidity for IIFL Wealth Management is INR129 032 thousand. You should therefore be able to get in and out of your positions relatively fast.
IIFL Wealth Management has much of the business financed by loans. This puts the company at high risk in periods of high inflation where borrowing costs usually go up. IIFL Wealth Management has a very good net profit margin of 51.86% and should have very high tolerances against inflation.
We have calculated the inflation risk for IIFL Wealth Management to be medium [0.6 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.