PSU Share Price Hits 52-Week High, Rallies 20% As NSE IPO Optimism Intensifies

Summary

IFCI Ltd's share price surged to a 52-week high of 84.57 rupees on June 12, 2026, hitting its Upper Circuit limit. The stock has gained nearly 35 percent over the past month and more than 55 percent year to date. The rally is primarily fueled by growing optimism surrounding the proposed Initial Public Offering of the National Stock Exchange, with investors anticipating the exchange's Draft Red Herring Prospectus filing by June 15, 2026.