Mumbai, June 12, 2026, 14:34 IST
- IFCI stock jumped almost 20% Friday, last quoted at ₹84.63 on the BSE and ₹84.57 on the NSE, both in delayed trade.
- Heavy volumes drove the rally as investors returned to IFCI on talk of its indirect exposure to the National Stock Exchange.
- As of March 31, 2026, the Government of India held a 72.57% stake in IFCI.
IFCI Limited surged nearly 20% in intraday trade Friday, leading the day’s top market movers. The state-owned financial company hit a new 52-week high. Delayed quotes from Mirae Asset Sharekhan pinned IFCI at ₹84.63 on the BSE, up ₹14.10, or 19.99%. On the NSE, IFCI was last at ₹84.57, higher by ₹14.09, or 19.99%. The NSE stock opened at ₹72.30 after closing at ₹70.48 the previous day.
Trading was heavy as IFCI jumped to a 22-month high of ₹84.63 on the BSE, Business Standard said. Volumes on the NSE and BSE together topped 226.9 million shares by early afternoon, more than double the usual level. The main BSE Sensex added 1.08% to 74,560 at 12:35 p.m., but IFCI took a bigger leap than the rest of the market.
NSE shares moved after hopes came back for its IPO. Business Standard reported NSE will probably file its draft red herring prospectus with the Securities and Exchange Board of India next week. The issue may be an offer for sale by some current investors, according to the report.
IFCI’s connection to the IPO buzz runs through Stock Holding Corporation of India Ltd., where it owns a 52.86% stake, according to Business Standard. SHCIL held 4.4% of NSE as of the March 2026 quarter, so IFCI picks up some indirect exposure to NSE. Traders have been watching the setup.
IFCI remains on trader radars, with official data showing the Government of India owning 72.57% as of March 31, 2026. Public investors, trusts, foundations and IEPF together held 19.72%, according to the company’s website.
IFCI shares have rallied hard, with some in the market pointing to the company’s NSE-related exposure, Business Today reported. Osho Krishan of Angel One said indicators on the stock are “extremely stretched” and highlighted “nearby resistance in the Rs 88-90 range.” The stock is up 38.44% for the month and 73.74% in six months at Friday’s high, the report said. Business Today
Mixed results for IFCI in the latest earnings. For Q4 FY26, the company posted revenue from operations of ₹470 crore, up from ₹413.61 crore last year. But profit after tax dropped hard, falling to ₹34 crore from ₹260 crore. For the full FY26 year, revenue rose to ₹2,068.84 crore versus ₹2,018.52 crore, and net profit climbed to ₹434.71 crore from ₹348.61 crore.
Shares are trading close to the 20% daily band and have hit a new high. Next up for the market: watching for on-time NSE IPO filing and whether volumes hold after Friday’s spike. Sharekhan’s lagging data pegs IFCI’s market cap at around ₹22,785.82 crore, trailing EPS at ₹0.67, and trailing P/E at 105.27.
