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IFCI CONSOLIDATION
F&O Talk: Mid, smallcaps look strong on charts; Sudeep Shah picks 8 stocks, outlines Infosys, IFCI strategyIndian equities faltered on Friday, ending a five-day rally as IT stocks plunged and global cues weakened. The Sensex and Nifty saw signifi...
Ahead of Market: 10 things that will decide stock market action on FridayIndian equities ended higher for a fifth straight session, recovering early losses despite hawkish Federal Reserve comments. Banking stocks...
Ahead of Market: 10 things that will decide stock market action on TuesdayIndian equities rallied sharply as an interim US-Iran peace framework eased geopolitical concerns and pushed oil prices lower. Improved inf...
Ahead of Market: 10 things that will decide stock market action on ThursdayIndian equities remained volatile amid IT sector weakness, global uncertainties and cautious investor sentiment. Analysts see key Nifty sup...
Smallcaps & midcaps rally! Firstsource Solutions, Nuvama, Godfrey Phillips, other stocks jump up to 16%Smallcap and midcap stocks outperformed benchmarks on Friday, with select names rallying up to 16% despite broader market weakness. Gains w...
IFCI seeks government nod for consolidation of group companiesIFCI has requested government approval for consolidating its group entities, including its broking business, aiming to remain a Non-Banking...
IFCI merger: Transaction advisor gives recommendations to govt for PSU NBFC's 2-stage consolidationIFCI shares surged 9% after its advisor proposed a two-phase consolidation plan to the Government of India. Phase 1 includes merging four s...
Govt appoints Rahul Bhave as MD of IFCIRahul Bhave has been appointed as the Managing Director and CEO of IFCI for a three-year term. The government has also approved the consoli...
IFCI board approves Rs 500 cr fund infusion via preferential issue of sharesIFCI on Wednesday said its board has approved Rs 500 crore capital infusion in the company through the preferential issue of shares to the ...
Govt to infuse Rs 500 cr in IFCI to improve its financial healthThe Indian government is injecting Rs 500 crore into IFCI to bolster its financial standing before a planned restructuring and consolidatio...
Government infuses Rs 200 crore capital in IFCIThe infusion was done through preferential issue of equity shares, a Finance Ministry communication to the company said. The government had...
IFCI Q3 results: Company posts net loss of Rs 718 crConsolidated total income during Q3 FY21 was down by 11.2 per cent at Rs 610.12 crore as against Rs 687.36 crore in the same quarter of FY2...
Government to infuse Rs 200 crore in IFCI next fiscalGovernment of India holding in the non-banking finance company, which stood at 56.42 per cent at the end of December 2019, would increase a...
IFCI posts net profit of Rs 335 crore in Q3In July-September 2019, IFCI had posted a net profit of Rs 32.33 crore.
Government mulls sale of IFCI non-core assets, MGMT changeIFCI’s net non-performing assets were Rs 5,127 crore, or 29.54%, at the end of March 2018, compared with Rs 5,882 crore, or 27%, a year ear...
- IFCI can achieve a target of around Rs 90: Rakesh Gandhi, LKP
IFCI has made good consolidation formation on weekly chart and has given a good breakout.
- IFCI is a buy: Amit Harchekar, IIFL
The stock had been consolidating for almost a year.
- Hold Piramal Healthcare: Deepak Mohoni
In a chat with ET Now, Deepak Mohoni, director, trendwatchindia, talks about the outlook of IFCI and Piramal Healthcare.
- IFCI Q4 net up 71 pc at Rs 243 cr
IFCI Ltd on Friday said net profit rose by 71 per cent to Rs 243 crore for the quarter ended March 31, 2010, compared to the corresponding ...
- Short term IFCI target seen at Rs 62: Nirmal Bang
Nirmal Bang has advised traders to buy and hold IFCI. It expects the stock to touch Rs 62 in the short term.