IFCI is currently trading at Rs. 25.35, up by 0.70 points or 2.84% from its previous closing of Rs. 24.65 on the BSE.
The scrip opened at Rs. 24.80 and has touched a high and low of Rs. 25.55 and Rs. 24.70 respectively. So far 658239 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 32.05 on 08-May-2013 and a 52 week low of Rs. 17.85 on 28-Aug-2013.
Last one week high and low of the scrip stood at Rs. 25.55 and Rs. 23.95 respectively. The current market cap of the company is Rs. 4221.57 crore.
The promoters holding in the company stood at 55.53% while Institutions and Non-Institutions held 17.61% and 26.86% respectively.
IFCI has received an approval from Government of India, Ministry of Finance, Department of Revenue and CBDT to issue tax free, secured, redeemable, non-convertible bonds upto to Rs 430 crore during Financial Year 2013-14.
IFCI was established with an intention to provide long-term finance needs of the industrial sector. It got listed in the year 1993 changed its status from statutory corporation to a company. 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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|---|---|
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| Indian Railway Fin. | 104.85 |
| NHIT | 151.00 |
| Satin Creditcare | 174.75 |
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