š IFCI Is Up 74% in 13 Days ā Turnaround? Or Just an Irrational Bull With Government Brakes Cut?
š¢ At a Glance
In the span of just 13 trading sessions, IFCI Ltd ā yes, that forgotten PSU fossil from 1948 ā suddenly woke up from a decades-long nap and sprinted up 74%. From ā¹39.19 to ā¹68.
No major news. No budget announcement. No RBI rescue.
Just pure adrenaline, Twitter FOMO, and vibes.
So whatās really behind this state-owned sugar rush?
š¢ What Even Is IFCI?
Before we call it a multibagger, letās remember who weāre dealing with:
Category
Detail
š¦ Full Name
Industrial Finance Corporation of India
š¶ Born
1948 (Pre-ATM Era)
š Headquarters
New Delhi
š ļø Business
Term lending, industrial financing
š Owner
72.57% held by Govt of India
š° Market Cap (now)
~ā¹18,600 crore
š¢ Usual Trading Pattern
Move ā¹2 every 2 years
Basically, IFCI is that PSU stock you saw at ā¹12 in 2014, ignored at ā¹18 in 2018, and now regret ignoring at ā¹68 in 2025.
š So Why the 74% Rally?
Ah yes, the million-rupee question.
š” 1. Quarterly Profit = Instant Party
Reported a net profit of ā¹260 crore
Thatās good. But not ā¹6,000 crore good.
EPS still just ā¹0.65
P/E? An eye-watering 96x
Thatās not value investing. Thatās financial cosplay.
š 2. Speculators Gone Wild
Trading volume went parabolic
No block deals or fund announcements
No management comments
Just the classic low-float + PSU + price breakout =