HighPositive
Announced Mon, 15 Jun · 12:20 IST
IFCI share price surges 28% in two days to fresh high on NSE IPO buzz. Here's why
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
IFCI shares surged 28% over two days to a fresh 52-week high of ₹91.36, driven by buzz around NSE filing its DRHP for its long-awaited IPO, reportedly on June 15 or 16. IFCI holds a 52% stake in Stock Holding Corporation of India (SHCIL), which in turn owns 4.4% of NSE, positioning the PSU NBFC as a key indirect beneficiary of NSE's ₹5 lakh crore-plus valuation. The stock has rallied 69% year-to-date in 2026 on value-unlocking hopes.