PSU stock rally: Shares of government-owned non-deposit taking NBFC IFCI witnessed a tremendous rise on Monday, January 12. Shares of IFCI rose nearly 17 per cent intraday to reach a high of ₹58.35 on the National Stock Exchange (NSE).
Record trading volume increased the stir
IFCI shares saw several times more trading than normal on Monday. Trading volume on NSE jumped to 13.17 crore shares, whereas normally only an average of 42.11 lakh shares are traded. That means, about 31 times more volume was recorded in one day.
The same trend was seen on BSE also. There were 1.22 crore shares traded, whereas in the last two weeks, on an average only 9.87 lakh shares were traded daily. Heavy volumes further strengthened the rise in the stock.
With this sharp rise, IFCI emerged as the top gainer of NIFTY Smallcap 100 index. The special thing is that even during the time when the smallcap index was in decline of about 1 percent, the shares of IFCI continued to trade strongly above.
Quarterly results will come on January 29
IFCI has also informed that the company’s board will meet on January 29. In this meeting, the standalone and consolidated financial results for the quarter ending December 31, 2025 will be considered and approved.
Status of IFCI shares
IFCI shares closed at ₹57.30 on Monday, up 16.91%. The stock has fallen 8.92% in the last 6 months. At the same time, it has increased by 11.46% in one year. The stock has given a multibagger return of 506.35% in the last 5 years. The market cap of the company is Rs 14.73 thousand crore. Its 52 week low level is ₹50.50 and high is ₹74.50.
What is the business of IFCI?
IFCI is a government non-banking finance company (NBFC-ND). Its main function is to provide finance to sectors related to infrastructure, industrial projects and development in the country.
IFCI provides long-term loans, project finance, structured finance and advisory services. Especially in sectors like power, road, port, telecom and manufacturing. Apart from this, IFCI also provides fund management, capital support and investment related services to PSUs and private companies under government schemes.
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