Shares of IFCI is very looking buoyant. IFCI's shares rose more than 7 per cent. The stock is booming because of the company's stake in IFCI Financial Services and NSE news.
According to company's MD & CEO, Mr. Malay Mukherjee says, the company plans to sell its entire 95 per cent stake in IFCI financial services. The last quarterly results of IFCI Financial Services were not good.
Additionally, Mr. Malay Mukherjee said the company will sell its 2.5 percent stake out of 4.5 percent in NSE. Amerchant banker will be appointed to sell stake in NSE. NSE's selling process is planned to be completed by September 30.
According to company's MD & CEO, Mr. Malay Mukherjee says, the company plans to sell its entire 95 per cent stake in IFCI financial services. The last quarterly results of IFCI Financial Services were not good.
Additionally, Mr. Malay Mukherjee said the company will sell its 2.5 percent stake out of 4.5 percent in NSE. Amerchant banker will be appointed to sell stake in NSE. NSE's selling process is planned to be completed by September 30.
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