IDFC is currently trading at Rs 108.20, down by 0.65 points or 0.60% from its previous closing of Rs. 108.85 on the BSE.
The scrip opened at Rs 108.40 and has touched a high and low of Rs 109.40 and Rs. 107.50 respectively. So far 412558 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 165.45 on 17-May-2013 and a 52 week low of Rs. 76.25 on 28-Aug-2013.
Last one week high and low of the scrip stood at Rs 112.90 and Rs 108.25 respectively. The current market cap of the company is Rs 16436.54 crore.
The Institutions and Non-Institutions held 82.02 % and 17.98 % respectively.
Reserve Bank of India (RBI) has decreased foreign investment limit in IDFC from 52.50% to 52.25% of paid-up capital. RBI has notified that Foreign Institutional Investors (FIIs), through primary market and stock exchanges, can now purchase up to 52.25% of the paid up capital of IDFC under the Portfolio Investment Scheme (PIS).
The company has passed resolutions at the board of directors’ level and a special resolution by the shareholders, agreeing for decreasing the limit for the purchase of its equity shares and convertible debentures by FIIs.
IDFC is the country’s leading integrated infrastructure finance player providing end to end infrastructure financing and project implementation services.