IFCI shares surge 4% to hit 52-week high; here’s why the stock is rallying on Thursday

IFCI shares jumped as much as 4% to its 52-week high level of ₹83.44 apiece on Thursday, June 4, amid a volatile market session.

In the last five trading sessions, IFCI shares have gained 20%. Over a month’s time, the stock has rallied 44%, while it has climbed 20% in the past six months. From the beginning of the year, IFCI shares have soared 34%.

The company has a market capitalisation of ₹21,931.72 crore.

The rally comes after the exchange data from June 3 showed that HRTI Private Limited, sold a total of 1,18,46,801 or 1.18 crore equity shares of IFCI at an average trade price of ₹77.88 apiece, representing 0.43% total stake of the company. The total outstanding shares were 2,69,43,14,331.

According to news reports, the shares rose amid expectations that the National Stock Exchange (NSE) may file its draft red herring prospectus (DRHP) by the second week of June. IFCI holds an indirect stake in NSE through its subsidiary, Stock Holding Corporation of India (SHCIL), in which it owns a 52.86% stake. As per NSE’s shareholding pattern for the March 2026 quarter, SHCIL holds a 4.4% stake in the exchange.

IFCI Q4 earnings

The NBFC firm had reported a total revenue from operations of ₹470 crore for the quarter ended March 31, 2026, (Q4 FY26) compared with ₹413.61 crore in the corresponding quarter last year, registering a growth of 13.63%.

Interest income during the quarter rose to ₹153.40 crore from ₹149.07 crore, while profit after tax came in at ₹34 crore for Q4 FY26, sharply lower than ₹260 crore reported in the corresponding quarter last year.

On the bottom line, the company declared a net profit of ₹434.71 crore for FY26, compared with ₹348.61 crore in FY25, registering a jump of 25%.

For FY26, IFCI reported total revenue from operations of ₹2,068.84 crore, up from ₹2,018.52 crore in FY25.

IFCI, which was established in 1948, is a non-deposit-taking NBFC in the public sector. The Indian government currently owns nearly 72% of the company.