IFCI is currently trading at Rs. 29.80, down by 1.10 points or 3.56% from its previous closing of Rs. 30.90 on the BSE.
The scrip opened at Rs. 30.15 and has touched a high and low of Rs. 30.15 and Rs. 29.60 respectively. So far 3,74,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 32.60 on 03-Feb-2017 and a 52 week low of Rs. 19.50 on 12-Feb-2016.
Last one week high and low of the scrip stood at Rs. 32.40 and Rs. 29.60 respectively. The current market cap of the company is Rs. 4,969.00 crore.
The promoters holding in the company stood at 55.53%, while Institutions and Non-Institutions held 23.05% and 21.41% respectively.
The company has reported a net loss of Rs 45.17 crore for third quarter ended December 31, 2016 as compared to a net profit of Rs 154.33 crore for the same quarter in the previous year. Total income of the company decreased by 32.90% at Rs 635.55 crore for the quarter under review as compared Rs 947.15 crore for the corresponding quarter previous year.
IFCI was established with intent to provide long-term finance needs of the industrial sector. It founded and developed various institutions namely ICRA for credit assessment rating, Tourism Finance Corporation of India (TFCI) for promotion of the hospitality industry, among others.