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Shares of state-owned IFCI Ltd rocketed on Friday. On the Bombay Stock Exchange (BSE) on Friday, the company’s shares rose 15 percent to Rs. It was 23.13. Shares of IFCI also hit a fresh 52-week high. Shares of the company closed at Rs 20.23 on Thursday. Shares of IFCI Ltd hit a 52-week low of Rs. is 9.03.
Shares of the company jumped 39% in 5 days
Shares of IFCI Limited have seen a huge jump in the last 5 days. The company’s share on 15 September 2023 in BSE is Rs. 16.70, which on September 22 in BSE was Rs. Reached at 23.13. Shares of IFCI have jumped 39% in the last 5 days. Along with this, the shares of the government company have also reached the highest level in more than 5 years. IFCI’s market cap is around Rs. 5693 crores.
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The company’s shares have risen 150% in 6 months
Shares of state-owned IFCI Limited on March 28, 2023 on the Bombay Stock Exchange traded at Rs. Was at 9.15. On 22 September 2023, the company’s shares in BSE were trading at Rs. 23.13 have been reached. The company’s stock has gained more than 150% in the last 6 months. At the same time, in the last one month, shares of IFCI Ltd have gained more than 60 percent. On August 22, 2023, the company’s shares on the BSE traded at Rs. 14.37, which on September 22 was Rs. Arrived at 23.13.
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Disclaimer: Information about stock performance is provided here only, not investment advice. Investment in stock market is subject to risk and please consult your advisor before investing.