IFCI share price surges 28% in two days to fresh high on NSE IPO buzz. Here's why (opens original article in a new tab)

IFCI share price surged 7.95% to a 52-week high amid speculation about NSE's upcoming IPO, driven by its indirect stake in the stock exchange.

• IFCI shares rose 7.95% to ₹91.36, hitting a 52-week high due to NSE IPO speculation
• IFCI holds a 52% stake in SHCIL, which owns 4.4% of NSE, positioning it as a key beneficiary
• NSE plans to file DRHP with Sebi this week, marking a step closer to its IPO