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HomeSTOCKS593% Bumper Return; ₹61 Share Price; 104% Return In 15 Days; ₹71...

593% Bumper Return; ₹61 Share Price; 104% Return In 15 Days; ₹71 And ₹100 Target

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IFCI Ltd (NSE: IFCI): 10 months ago, the share was worth just 9 rupees, but today it is trading at the mark of Rs 61. 

If someone bought 11111 shares from IFCI for Rs 1 lakh on March 28, 2023, their value is now 678333. That’s an increase of approximately 7 times.

In the past five days, this stock has earned amazing returns of 40 percent. This is why an upper circuit of 10 percent was imposed on the stock three times. 

Today, the stock started at 59.95 and then fell to 56.50. It reached the upper circuit with a price of Rs 61.05. The 52-week high is 63.85 and its lowest is 9. 

Not just that however, it has increased capital five times within a year. For those who invested one lakh rupees in IFCI shares one year ago, it has increased to 4.84 lakh. 

It has yielded greater than 384 percent over the period.

Price Shockers Stock

IFCI remains a price-shocker stock. It has yielded over 15 percent over the past three days. 

It has also gained 52 percent in the past seven days, and by 104 percent over the past 15 days. 

Today 8631171 shares are waiting to be purchased on the book for orders of NSE however, no one is willing to sell. 

The market capitalization for the firm is 15,19,909.26 lakh.

Patient Investors Made Rich

IFCI shares have earned the company a profit of 181 percent over the last three months. 

Over the last year, the company has changed the value of Rs 1 lakh from its investors into 4.81 lakh. It has earned over 384 percent in the time. 

The stock is small, but it has made its devoted investors rich with returns of 593 percent over the last three years, and 348 percent over the past five years.

Brokerage has set ₹71 And ₹100 Target for this share.

Foreign Investors Are Surprised

Based on the pattern of shareholding, foreign investors are enthralled with the pattern. 

In December the institutional foreign investors increased shareholding by 1.87 and 2.08 percent. 

Institutional investors in the US have increased their stake to 1.97 up to 1.98 percent. Others have 25.62 percent, and promoters have 70.32 percent.

About IFCI Ltd Company 

IFCI which is also called Industrial Finance Corporation of India is a government-owned non-banking finance firm. 

It offers financial aid to industries in their development in addition to credit-granting services. 

Financial products include advice, syndication loans, loan products, corporate finance, project finance as well as structured and standardized products. 

Project Finance includes power, telecommunications roads, ports, renewable energy, airports, oil and gas, pharmaceuticals, chemicals, electronic components, basic metals and smart cities, textiles, real property, and urban infrastructure. 

The total revenue from operations is 534.11 crores, while equity capital amounts to 2195.93 crores.

Fundamental Analysis of IFCI Ltd 

Market Cap₹ 15,227 Cr.
Current Price₹ 61.05
52-wk High₹ 63.85
52-wk Low₹ 9
Stock P/E
Book Value₹ 15.1
Dividend0.00 %
ROCE5.38 %
ROE-3.78 %
Face Value₹ 10.0
P/B Value4.05
OPM59.6 %
EPS₹ -0.92
Debt₹ 5,746 Cr.
Debt to Equity1.53

IFCI Ltd Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹71₹100
2025₹112₹125
2026₹130₹155
2027₹160₹178
2028₹185₹200
2029₹214₹232
2030₹235₹250
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IFCI Ltd Shareholding Pattern

Promoters Holding
Dec 202266.35%
Mar 202366.35%
June 202370.32%
Sept 202370.32%
Dec 202370.32%
FII Holding
Dec 20221.99%
Mar 20232.00%
June 20231.51%
Sept 20231.87%
Dec 20232.08%
DII Holding
Dec 20222.29%
Mar 20232.29%
June 20232.00%
Sept 20232.01%
Dec 20232.02%
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Govt. Holding
Dec 20224.70%
Mar 20234.70%
June 20234.13%
Sept 20234.03%
Dec 20234.02%
Public Holding
Dec 202224.69%
Mar 202324.68%
June 202322.03%
Sept 202321.76%
Dec 202321.57%

IFCI Ltd Share: Last 5 Years’ Financial Condition

To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 2,821 Cr
2020₹ 2,880 Cr
2021₹ 2,082 Cr
2022₹ 1,556 Cr
2023₹ 1,688 Cr
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Last 5 Years’ Net Profit:

2019₹ -476 Cr
2020₹ -223 Cr
2021₹ -1,912 Cr
2022₹ -1,761 Cr
2023₹ -87 Cr

Last 5 Years’ Debt-To-Equity Ratio:

20193.06
20202.49
20213.12
20222.52
20231.6

Last 10 Years’ Profit Growth:

10 Years:
5 Years:
3 Years:13%
Current Year:76%

Last 10 years’ Return on Equity (ROE):

10 Years:-6%
5 Years:-21%
3 Years:-34%
Last Year:-4%

Sales Growth Over 10 Years:

10 Years:-7%
5 Years:-19%
3 Years:-20%
Current Year:17%

Conclusion

This article is a complete guide about IFCI Ltd Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you in your further investment. 

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If you have any further queries, please comment below. We will be happy to answer all your questions. 

If you like this information, share the article with as many people as possible.

Also Read: 300% Bumper Return Government Power Sector Share; ₹522 And ₹548 Share Target

Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.

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