Hi, sorry for my late reply, been busy with work. I picked 5 companies with characteristics most similar to IIFL. Motilal Oswal has home finance & microfinance subsidiaries, so its numbers aren't easily comparable. Angel Broking has become a discount broker.
Hi, just curious as to why you haven’t taken Motilal, angel in your comparable? Thanks
Hi, sorry for my late reply, been busy with work. I picked 5 companies with characteristics most similar to IIFL. Motilal Oswal has home finance & microfinance subsidiaries, so its numbers aren't easily comparable. Angel Broking has become a discount broker.
Hi, no worries. Yes, makes sense. thank you.