IFCI shares gain over 7% after stake sale in NEDFi for Rs 122 crore
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In an exchange filing to the BSE, IFCI announced that it has monetised its 10% equity holding in NEDFi, consisting of 1 crore equity shares acquired at a cost of Rs 10 crore. The stake was sold for a total consideration of Rs 121.77 crore, resulting in significant value realisation for the company.
Despite the sharp rally, the stock is still trading well below its 52-week high of Rs 74.50. The 52-week low for the stock stands at Rs 36.20. Over the past year, IFCI shares have declined by around 13%, though the stock has delivered a strong rally of nearly 300% over the last three years.
From a valuation perspective, IFCI is currently trading at a price-to-earnings (P/E) ratio of 35.81, while its price-to-book (P/B) ratio stands at 0.9.
On the technical front, the 14-day Relative Strength Index (RSI) is at 48.8, indicating neutral momentum, as RSI levels below 30 signal oversold conditions and above 70 indicate overbought levels. Additionally, the stock is trading above 5 out of its 8 key simple moving averages, suggesting a mildly bullish trend.
It is noteworthy that institutional investors have shown increased interest in IFCI during the September 2025 quarter. Foreign Institutional Investors (FIIs) marginally raised their shareholding from 2.52% to 2.60%, while Mutual Funds also increased their stake from 0.11% to 0.12%. This gradual rise in institutional ownership indicates improving confidence in the company’s long-term prospects.
On the financial front, IFCI reported September 2025 quarterly revenue of Rs 752 crore, reflecting a year-on-year decline of 4.3%. However, despite the modest drop in revenue, the company delivered a strong profitability performance. Quarterly net profit stood at Rs 143 crore, registering a robust 73% year-on-year growth, suggesting improved operational efficiency and better cost management.Also read: Steel stocks jump up to 5% on tariffs to curb imports; Tata Steel, NMDC, SAIL among top gainers
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