IFCI shares rally over 16% in two days as NSE IPO draws closer

NSE IPO Impact? IFCI share price jumps over 8% to record high today | What is fuelling the rally in this NBFC PSU stock?

IFCI shares surged over 8% to a record high of ₹103.95 amid positive sentiment around the NSE IPO. The stock is 125% above its 52-week low and has delivered 794% returns over five years, driven by its stake in Stock Holding Corporation of India.

IFCI Ltd. Stock Update: Shares Surge 5% on NSE IPO Optimism

IFCI Ltd. (IFCI) share price jumps over 5%, trading at ₹101.13, on robust volumes as investor optimism grows around the impending NSE IPO due to IFCI's indirect stake. IFCI Ltd. Stock Update: Shares Surge 5% on NSE IPO Optimism.

IFCI shares rally over 16% in two days as NSE IPO draws closer

IFCI shares rallied over 16% in two sessions amid expectations that the long-delayed NSE IPO could be nearing launch. IFCI indirectly owns more than 4% of NSE through its stake in Stock Holding Corporation of India. SEBI has moved closer to approving NSEs IPO after settling key regulatory cases, while the exchange seeks a valuation of up to Rs 5.26 lakh crore.