IFCI Share Price: Everything You Need to Know
Are you curious about the share price of IFFCO-TOYO Capital Ltd. (IFCI)? If so, you're in luck. This blog post will give you all the information you need to know about the IFCI share price. We'll provide an overview of the company, its current stock performance, and advice for investors. Get ready to become an IFCI expert!
IFCI's Business Model
IFFCO-TOYO Capital Ltd. (IFCI) is a leading non-banking financial company (NBFC) in India. IFCI is registered with the Reserve Bank of India as a Non-Deposit Accepting Non-Banking Financial Company (NBFC-ND-SI). As an NBFC, IFCI provides various services and products including corporate finance, capital market services, investment banking, and other financial services.
IFCI's main objective is to promote economic growth and development by providing long-term finance to medium and large-scale industries and infrastructure projects. To achieve this goal, IFCI has established a number of financing strategies that enable it to provide corporate finance and capital market services to clients. These strategies include: providing loans to companies; underwriting of debt and equity instruments; acquisition of assets; providing financial advice and arranging investments; offering term deposits; providing credit enhancement services; and managing mutual funds.
What is the share price of IFFCO-TOYO Capital Ltd. (IFCI)? At the time of writing, the share price of IFCI is Rs 393.20 per share on the BSE.
IFCI's Financial Performance
IFFCO-TOYO Capital Ltd. (IFCI) is a Non-Banking Financial Company (NBFC) based in India. It provides financial services such as financing, leasing, money market operations, and project finance. Its major shareholders include IFFCO, TOYO Engineering Corporation (Japan), and Orix Corporation (Japan).
IFCI has consistently shown strong financial performance over the years. In FY2020, its total income increased by 26.9% to Rs 1,983 crore compared to the previous year. Similarly, its profit after tax increased by 16.6% to Rs 108 crore. Furthermore, it maintained a healthy return on equity of 13.2%.
So what is the share price of IFFCO-TOYO Capital Ltd. (IFCI)? As of March 2021, IFCI's share price was at Rs 24.45 per share, with a market capitalization of Rs 809.43 crore. IFCI's share price has been steadily increasing since 2017, reaching a 52-week high of Rs 31.25 in February 2021.
IFCI's Share Price
What is the share price of IFFCO-TOYO Capital Ltd. (IFCI)? As of April 2021, the IFCI share price stands at Rs. 65.48 on the National Stock Exchange (NSE). The share has registered a 52-week high of Rs. 93.50 and a 52-week low of Rs. 50.00.
IFCI has been a volatile stock in the past year, with the share price fluctuating from its high to its low over the course of the year. Investors should be aware of these risks before investing in the stock, as the share price may be subject to sudden changes and it could result in losses for investors.
Additionally, investors should also take into consideration other factors such as company fundamentals and macroeconomic conditions before investing in IFCI. Fundamental analysis such as studying financial reports, management performance and industry trends can help investors make better decisions when it comes to investing in IFCI.