IFCI is currently trading at Rs. 23.25, up by 0.45 points or 1.97% from its previous closing of Rs. 22.80 on the BSE.
The scrip opened at Rs. 23.50 and has touched a high and low of Rs. 23.60 and Rs. 23.10 respectively. So far 2,35,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 33.40 on 10-May-2017 and a 52 week low of Rs. 20.60 on 11-Aug-2017.
Last one week high and low of the scrip stood at Rs. 24.65 and Rs. 22.25 respectively. The current market cap of the company is Rs. 3,864.00 crore.
The promoters holding in the company stood at 55.53%, while Institutions and Non-Institutions held 23.11% and 21.35% respectively.
IFCI has received an approval for sale of 42,43,370 equity shares comprising of 0.86% of the total equity shares of NSE to one or more interested buyer(s) in part or full. The board of directors at its meeting held on September 25, 2017 has approved for the same. The sale would be subject to obtaining prior consent / No-Objection of NSE and any other approval, required as per law.
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.
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| Indian Railway Fin. | 104.85 |
| NHIT | 151.00 |
| Satin Creditcare | 174.75 |
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