The 1 reports from 1 analysts offering long term price targets for IIFL Securities Ltd. have an average target of 46.00. The consensus estimate represents an upside of 20.58% from the last price of 38.15.
|Summary||Date||Stock||Broker||Price at Reco.||Target||Price at reco|
Change since reco(%)
|2020-07-28||IIFL Securities Ltd.||ICICI Securities Limited||39.70||46.00||39.70 (-3.90%)||Target met||Buy|
ICICI Securities Limited
Despite healthy pace of client acquisition at 75900 in Q1FY21, overall market share continued to fall from 2% in FY18 to 1.2% in Q1FY21. Market share in F&O; stood at 1.12%, while share in cash segment dropped to 2.66%. Going ahead, strategy to continue pace of client acquisition and improvise client engagement remains the key to drive performance. We expect competitive brokerage plans as near-term action would shore up volumes with a view to capture higher share in options. Focus on increasing margin funding book to further add to revenue. Going ahead, ADTO is expected to increase at...