InvestorQ : What is your view on 5 paisa results?
Anu Biswas made post

What is your view on 5 paisa results?

Answer
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Neelam Naik answered.
1 year ago


5 Paisa is the discount broking arm of the IIFL Group. In fact, 5 Paisa has positioned itself as a full-fledged discount broker with the added benefits of research and ideas to the clients. 5 Paisa is already among the major discount brokers in India and this is the business segment that is growing very rapidly. The company has made a small loss in the latest quarter but the discount broking segment is structured in a way where returns are back-ended.