Credit rating agency, CRISIL Research has assigned IER fundamental grade of 4/5 to IIFL Holdings. The grade indicates that IIFL’s fundamentals are ‘superior’ relative to other listed equity securities in India. Moreover, the rating agency has also assigned valuation grade of 3/5 to the company.
The assigned fundamental grade reflects IIFL’s established position as one of India's leading financial services corporates with a presence in retail lending, retail and institutional broking, investment banking, financial products distribution, wealth management and asset management.
IIFL (India Infoline group), comprising the holding company, IIFL Holdings and its subsidiaries, is one of the leading players in the Indian financial services space.
