The result was announced after market hours on Monday, 20 May 2013. The stock fell 2.35% to Rs 29.10 on Tuesday, 21 May 2013.
Meanwhile, the BSE Sensex was down 43.34 points, or 0.22%, to 20,068.27.
On BSE, 22.45 lakh shares were traded in the counter as against an average daily volume of 26.69 lakh shares in the past one quarter.
The stock hit a high of Rs 29.30 and a low of Rs 27.70 so far during the day. The stock had hit a 52-week high of Rs 42.75 on 11 July 2012. The stock had hit a 52-week low of Rs 24 on 4 September 2012.
The stock had underperformed the market over the past one month till 21 May 2013, sliding 1.19% compared with the Sensex's 5.76% rise. The scrip had also underperformed the market in past one quarter, sliding 11.42% as against Sensex's 4.07% rise.
The mid-cap company has an equity capital of Rs 1662.04 crore. Face value per share is Rs 10.
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IFCI's net profit fell 31.61% to Rs 149.94 crore on 8.24% decline in total income to Rs 735.38 crore in Q4 March 2013 over Q4 March 2012.
The company's net profit fell 32.05% to Rs 450.87 crore on 3.18% decline in total income to Rs 2759.30 crore in the year ended 31 March 2013 (FY 2013) over the year ended 31 March 2012 (FY 2012).
On consolidated basis, IFCI's net profit declined 25.56% to Rs 532.78 crore on 1.84% growth in total income to Rs 3188.67 crore in FY 2013 over FY 2012.
IFCI's board of directors at a meeting held on Monday, 20 May 2013, recommended dividend of Re 1 per share for FY 2013.
IFCI's activities include project financing, infrastructure development, debt and equity underwriting & syndication, venture capital, stock broking & merchant banking, factoring, asset reconstruction, tourism finance, corporate and infrastructure advisory, technical consultancy and management education.
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