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The Economic Times
The Economic Times
Debaroti Adhikary

NSE IPO impact: IFCI shares recover 6% after last session's crash

NSE IFCI IPO SEBI DRHP SHCIL

Shares of IFCI rebounded 6% on Friday after plunging 9% in the previous session, a decline likely triggered by profit booking following a stellar rally. The stock has surged about 58% in less than a month to hit a record high, fueled by optimism surrounding the much-awaited NSE IPO.

IFCI shares jumped around 6% to trade at Rs 87.50 apiece on Friday morning. The stock has gained nearly 65% in 2026 so far. In the longer term, shares of the company delivered a whopping 616% return over three years and 556% over five years.

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