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IIFL Finance Gets A New 'Buy' Rating From HSBC Citing AUM Growth Resurgent

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Summary
Nutrition label

80% Informative

IIFL Finance Ltd. shares rose on Monday after HSBC Global Research initiated coverage with a 'buy' rating.

The brokerage has set a price target of Rs 790 per share, implying an upside of 33.8% over the next 12 months .

The four strategic pivots undertaken by the company will lead to more sustainable growth and earnings over FY23- 26 .

VR Score

91

Informative language

96

Neutral language

80

Article tone

formal

Language

English

Language complexity

43

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not offensive

Hate speech

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Attention-grabbing headline

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Known propaganda techniques

not detected

Time-value

short-lived

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