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Explained | US-Iran war and the most impacted chemical stocks due to it
The Iran-Israel-US war has entered its 10th day and the Strait of Hormuz, a critical trade route, remains shut for the sixth consecutive day. This has resulted in a surge in oil prices and a sell-off across global markets. As tensions in the Middle East continue to escalate, trade is disrupted, and chemical stocks are in focus as they declined up to 4% on Monday. Here's a roundup of the chemical firms and the impact they may see due to the ongoing conflict, according to brokerage firm IIFL.
IIFL Finance looks at options to exit microfin arm Samasta
Piramal Finance is one of the interested parties and negotiations with it have progressed a bit, they said, adding that the discussions are at a preliminary stage.
Tata Power shares have a 'meaningful re-rating opportunity' on these factors, IIFL says
Tata Power shares are trading at a 12-month forward Enterprise Value to EBITDA multiple of 10 times, which is lower than its long-term median of 11 times.
Fertiliser outlook | Strait of Hormuz disruption could hit supplies, pricing a key risk, says IIFL
Ranjit Cirumalla, Senior Vice President-Research Agri, Chemicals at IIFL, said the Strait of Hormuz is critical for India’s fertiliser supply, as a large share of imported urea, DAP, MOP, rock phosphate and phosphoric acid transits through it. Any disruption could hit availability and push up prices ahead of kharif. While urea costs are largely passed through, complex fertilisers may see pricing impact until subsidy revisions. Stocks like Coromandel, Deepak Fertilisers and Deepak Nitrite could see near-term effects, with government support cushioning volatility.
Billionaire Jain bets on India’s wealth boom to hire, woo assets
Nirmal Jain plans to significantly expand IIFL Capital Services. Assets are set to double and the number of advisors will triple within two years. This growth targets India's rapidly expanding wealthy population. The firm is actively hiring relationship managers to meet this demand. Competition for affluent clients is increasing across the financial sector.
IIFL Home Finance inks $300 million loan pact with ADB
IIFL Home Finance has secured a $300 million loan from the Asian Development Bank to expand affordable housing lending for low-income families, with a special emphasis on women. A portion of the funds will back green-certified, energy-efficient homes, helping address India's substantial housing shortage and extending homeownership to underserved communities nationwide.
IIFL Home Finance Limited raises $300 million from Asian Development Bank to expand affordable housing for women
IIFL Home Finance secures a 300 million dollar loan from Asian Development Bank and partners to boost affordable, green housing finance for low-income women in India amid a major housing deficit.
Watch | IIFL flags higher impact on northern MFIs after Bihar rules
IIFL Capital’s Viral Shah said Bihar’s tighter regulations on microfinance lenders could slow growth and create asset-quality challenges, with northern-focused MFIs and small finance banks likely to see the highest impact as lending norms tighten and recovery timelines extend.
IIFL Finance to consider NCD issuance on 24 February
IIFL Finance has announced that a meeting of the finance committee of its board of directors is scheduled to be held on Tuesday, 24 February 2026, to consider and approve the issuance of non-convertible debentures (NCDs) on a private placement basis.
IIFL Finance ₹500 crore NCD base issue fully subscribed within hours of opening
Shares of IIFL Finance Ltd ended at ₹517.00, up by ₹6.20, or 1.21%, on the BSE.
IIFL Asset Management picks up nearly 2% stake in Indo Tech Transformers from promoter
Perhaps, Indo Tech Transformers shares may have reacted to the transaction, freezing at 5 percent upper circuit at Rs 3,081.9, the highest closing level since January 20, 2025, on the National Stock Exchange.
Gold, silver prices hit 7-month low: Hindustan Zinc, IIFL Finance shares fall up to 3%
The weakness came as gold remained under pressure after falling below the key $4,000-an-ounce mark for the first time since November.