New Delhi, May 7 -- For over 15 years, a global investment group has maintained a quiet but steady presence in an Indian financial services firm. Now, it is ready to move from the sidelines to the centre seat, with a landmark deal that could reshape the company's ownership structure and growth trajectory entirely.

With a market cap of Rs. 10,900 Crore, the shares of IIFL Capital Services Ltd. are trading at a price of Rs. 349.6 per share i.e. 5% up from its previous closing price of Rs. 333. It currently trades at P/E of 19.3. In Thursday trading session,the stock gave a gap up opening and made an intraday high of Rs.359 i.e. a jump of around 7.8% from its previous day closing price .

A Rs.2,000 Crore Vote of Confidence

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