Sign in to your SiliconIndia account
Email:       Password:  
Don't have SiliconIndia account? Sign up     Forgot your password? Reset

IFCI shares rise 7 percent

By SiliconIndia,Tuesday, 08 December 2009, 02:19 Hrs
Bangalore: The IFCI stock was among the top gainers of the day, after its price went up by nearly seven percent from its previous close. Having started the day at 53.35, the stock went up to touch an intraday high of 57.40, before closing the day at 56.96, 6.95 percent above its previous close at 53.25. Through the day, 19,831,226 IFCI shares were traded in the market with the current P/E ratio of the stock at 7.80. The 52 week stock price chart is on the left.



IFCI is an India-based company engaged in providing project financing, financial services and investments. The company's subsidiaries include IFCI Infrastructure Development (IIDL), IFCI Venture Capital Funds (IVCF) and IFCI Financial Services (IFIN). IIDL owns plots of land in different parts of India. Its projects include housing projects at Ghaziabad, Uttar Pradesh, development of office complexes for IFCI at Ahmedabad and Bangalore.

IVCF takes up investment in start-up companies mainly involved in technology-oriented and projects. IVCF has financed over 400 projects and supported commercialization of more than 50 new technologies. IFIN provides a range of financial products and services to investors, institutional and retail. It is primarily involved in stock broking, investment banking, mutual fund distribution and advisory services, depository participant services and insurance products distribution. Kotak Equity Arbitrage Fund holds the highest number of IFCI shares with 3,396,280 shares in its portfolio.

   
Write your comment now     |     Submit your news/press release


Your Name    Email: 
Type the characters you see in the picture

  Cancel
Let our editorial department know about any news about your company, your organization, or yourself, or any press release that you have. If we find it suitable for our audience, we will contact you and make a news. Please also share any links for the news.

Chr left
Your name     Email 
Type the characters you see in the picture

Beautiful and dress selection, please go to Dresses
Plan on visiting the Lotus Temple? Get Great Deals on Delhi Hotels !
Buy India Wholesale Products on DHgate.com



News:           Technology   |   Enterprise IT   |   Tech Products   |   Startups   |   Finance   |   Business   |   Career   |   Magazine  |   Dailydose   |   News archive   |  
RSS
Network:       Network   |   Profile   |   Messages   |   Scrapbook   |   Find   |   Blogs   |   Communities   |   Events   |   Q&A   |   CXO Insights  
Career:        Jobs   |   Companies     |   Mentorship   |   Videos   |   Career blogs   |   Training institutions  |   Freshers
Online courses:   Web developer   |   Java developer   |   CCNA training   |   SEO   |   SAS   |   SQL server 2005   |   J2EE
Education:   MBA   |  MCA   |   Engineering   |   Overseas Education   |   Internship
Life:                  Jokes   |    Bookstore   |   Relocate  |  Marketplace
Cities:             Startup   |  Real estate   |   Finance  
Company:   About us   |   Contact   |   Help   |   Community rules   |   Advertise with us   |   Sitemap
Member directory:   A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z   
and help us continue to improve SiliconIndia
© 2010 SiliconIndia all rights reserved