Stock Report

IFCI appoints Ernst & Young as advisor to induct strategic investor



Posted On : 2007-03-23 08:52:45( TIMEZONE : IST )

IFCI appoints Ernst & Young as advisor to induct strategic investor

IFCI Ltd has announced that the Board of Directors of the Company at its meeting held on March 22, 2007, has decided to appoint an Advisor, Ernst & Young, for advising the company, inter alia, on the induction of a strategic investor in the Company.

In BSE, the stock closed today at Rs.31, up by Rs.2.05 (+7.08%) compared to its previous close of Rs.28.95. The stock hit an intraday high of Rs.32.15 and low of Rs.29.35. The total traded quantity was 46025590 shares at a weighted average price of Rs.31.21.

In NSE, the stock closed the day at Rs.31.10, up by Rs.2.10 (+7.24%) compared to its previous close of Rs.29. The Total traded quantity was 157565377 shares resulting in a turnover of Rs.49207.67 Lakhs at a weighted average price of Rs.31.23.

Source : Equity Bulls

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