IFCI share price hiked more than 9% intraday on 3rd December after the company finally had received bids for stake sale in NSE. The company has said in its press release on 2nd December that it had received bids for sale.

The company is planning to divest its entire stake in the National Stock Exchange of 1,20,66,871 number of equity shares comprising of 2.44% of total equity shares.

At 03:59 PM, December 3, 2019, the share price was quoting INR 7.10 up INR 0.10 or up 1.43% on the NSE.