IFCI rose 2.43% to Rs 23.20 at 12:00 IST on BSE after the finance minister today announced to set up Rs 200 crore venture fund with IFCI.
Meanwhile, the BSE Sensex was up 52.93 points, or 0.26%, to 20,419.75.
On BSE, so far 9.08 lakh shares were traded in the counter, compared with an average volume of 9.43 lakh shares in the past one quarter.
The stock hit a high of Rs 23.25 and a low of Rs 22.55 so far during the day. The stock hit a 52-week high of Rs 35.20 on 25 February 2013. The stock hit a 52-week low of Rs 17.85 on 28 August 2013.
In the interim budget for 2014-15 presented by the Finance Minister P. Chidambaram today, 17 February 2014, he said that the government will set up Rs 200 crore venture fund with IFCI.
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