Whalesbook
IIFL Finance shares hit a fresh 52-week high of ₹577.05, rallying on Wednesday. The company's board approved a public issue of non-convertible debentures (NCDs) up to ₹2,000 crore. This comes as IIFL Finance reported a robust 52% sequential profit growth to ₹418 crore in Q2FY26, driven by strong gold loan business and a 7% rise in Assets Under Management (AUM) to ₹90,122 crore. The company is focusing on collateral-backed retail lending.