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IFCI drops 8.6% after NSE IPO filing prompts profit-booking

Mumbai, June 18, 2026, 23:36 (IST) IFCI Ltd shares ended down 8.62% at 82.31 rupees Thursday after climbing to a fresh all-time high of 94 rupees earlier in the session. The state-run financial stock swung to a session low of 80.61 rupees. Volume stood at 312.4 million shares. (Investing.com) IFCI shares turned lower after the National Stock Exchange submitted draft IPO papers with the Securities and Exchange Board of India late Wednesday. Shares in IFCI had already surged almost 30% across three sessions ahead of the filing as traders bet on the move. The rally left the stock open to

The post IFCI drops 8.6% after NSE IPO filing prompts profit-booking appeared first on India Stocks Daily.

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