IIFL Holdings gains on receiving registration to act as Investment Adviser

IIFL Holdings is currently trading at Rs. 133.90, up by 5.10 points or 3.96% from its previous closing of Rs. 128.80 on the BSE.

The scrip opened at Rs. 131.10 and has touched a high and low of Rs. 133.90 and Rs. 131.10 respectively. So far 548 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 146.90 on 09-Jun-2014 and a 52 week low of Rs. 45.50 on 28-Aug-2013.

Last one week high and low of the scrip stood at Rs. 142.30 and Rs. 127.00 respectively. The current market cap of the company is Rs. 3887.37 crore.

The promoters holding in the company stood at 30.68% while Institutions and Non-Institutions held 45.15% and 24.17% respectively.

IIFL Holdings has received registration from Securities and Exchange Board of India (SEBI) to undertake Investment Advisory Services.

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.