HSBC upgrades IIFL Finance to ‘hold’ from ‘reduce’ post-RBI move, raises target price to ₹540, sees 8% upside | Stock Market News
Source: Live Mint Following the recent lifting of RBI restrictions on its gold loan business, global brokerage house HSBC upgraded IIFL Finance stock to ‘hold’ from ‘reduce.’ HSBC also raised the stock’s target price to ₹540 from ₹350 earlier, implying an 8 percent upside potential. HSBC also upgraded its FY25-27 EPS estimates by 6 percent…