IFCI has made partial disinvestment to the extent of 2,25,000 number of equity shares of National Stock Exchange of India (NSE) at the rate of Rs 3,950 per equity share on June 30/July 01, 2016. The stake sale is part of the approval given by board of directors on April 29, 2014 for sale of 2.5% equity stake in NSE held by IFCI.
IFCI was established with intent to provide long-term finance needs of the industrial sector. It founded and developed various institutions namely ICRA for credit assessment rating, Tourism Finance Corporation of India (TFCI) for promotion of the hospitality industry, among others.
| Company Name | CMP |
|---|---|
| Power Finance Corp | 472.55 |
| REC | 382.25 |
| Indian Railway Fin. | 103.60 |
| NHIT | 151.00 |
| Satin Creditcare | 174.55 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: