IFCI.NS Stock Today: January 14 — 21% Two-Day Surge on NSE IPO Buzz
IFCI share price rallied for a second day, hitting an intraday Rs 59.60 on January 14 as traders priced in upside from a possible NSE IPO NOC by end-January. Shares of IFCI.NS closed near Rs 57.67 with volumes of 18.5 crore, far above the 1.06 crore average. Exchanges sought clarification on the move and management said there is no material event. With price above the 50-DMA and 200-DMA, momentum is firm, but a rich P-E near 41 calls for discipline.
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