IFCI shares rally 30% in 3 days, hit fresh record high amid buzz around NSE filing IPO papers by Thursday

IFCI shares surged 30% over three sessions to a record high of Rs 91.49, adding over Rs 5,660 crore to its market capitalisation which now exceeds Rs 24,650 crore. The rally is driven by reports that NSE is likely to file its DRHP for its much-anticipated IPO by Thursday, with valuation expected to exceed Rs 5 lakh crore and listing targeted for November 2026. IFCI benefits indirectly through its 52.86% stake in SHCIL, which holds 4.4% in NSE. The stock has gained 68% year-to-date in 2026.