IIFL Finance532636Non banking financial
IIFL Finance raised close to 5,000 crore rupees from Blackstone, seen as a potential rerating event
By ScoutQuest · · 1 min read
- Funds raised from Blackstone
- 5,000 crore rupees
Heard on business television between 16:06:00 - 16:09:00 IST.
- IIFL Finance raised nearly 5,000 crore rupees from Blackstone.
- The stock was up more than 5% in trade on the news.
- Nirmal Jain said the company could post a net profit of closer to 5,000 crores.
- Commentators called it a potential rerating event for the stock.
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Source: Live TV News Channel · 11 Nov 2026
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