
IIFL Capital recommends buying Adani Power, targeting ₹240, citing strong growth potential and superior returns in the utility sector.

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Fairfax India to Invest ₹2,000 Crore in IIFL Capital via Preferential Allotment at ₹350 per Share

Preferential allotment and open offer could raise Canadian investor’s stake beyond 51% over time.
Fairfax India is set to increase its ownership in IIFL Capital to 51 percent. This move involves an investment of 20 billion rupees. The capital infusion will bolster IIFL Capital's financial standing. It will also support the company's expansion across vario…
Fairfax India is set to increase its ownership in IIFL Capital to 51 percent. This move involves an investment of 20 billion rupees. The capital infusion will bolster IIFL Capital's financial standing. It will also support the company's expansion across vario…
Fairfax India will invest via its unit FIH Mauritius Investments through a preferential allotment priced at ₹350 per share, a 5.3% premium to IIFL Capital’s closing price on Wednesday