IFCI shares rally 7%+ on Rs 122 crore exit from NEDFi
We saw an exciting move in the Indian stock market today. IFCI shares jumped more than 7 % after the company announced a major strategic transaction involving its equity stake in North Eastern Development Finance Corporation Ltd (NEDFi). The positive price action reflects renewed investor interest and confidence in IFCI’s turnaround story. Background: Who Is IFCI…