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Financial Services

IIFL Finance Limited

NSE: IIFL | Information Technology

โ‚น462.1
-0.23% Today

Market Fundamentals

Market Cap
โ‚น19,650 Cr
P/E Ratio
N/A
Dividend Yield
0.00%
52W High
โ‚นN/A

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Economic Times Marketsโ€ข2026-05-13

Manappuram Finance, IIFL Finance, other stocks rally up to 11% as gold prices soar after import duty hike

Shares of gold financiers Manappuram Finance, Muthoot Finance and IIFL Finance rallied sharply after the government raised import duty on gold to 15%, triggering a surge in domestic gold prices. Higher gold prices improve collateral value for gold loans, potentially boosting lending demand and benefiting companies focused on gold-backed financing businesses.

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