M&ABusiness Standard
IIFL Finance shares gain 4% on Blackstone deal
Positive+64
GreyOak summary
IIFL Finance shares rose over 4% after US firm Blackstone agreed to invest 5,000 crore for a 16% stake. The deal is part of a larger 6,414 crore capital infusion aimed at strengthening the NBFC's balance sheet and funding growth.
What it affects
- IIFL FinanceIIFLPositive +64
Stock gains 4% on Blackstone investment.Rolling sentiment Positive +42
Source
Read the original at Business StandardMore IIFL Finance news
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