NSE IPO proxy play! Why smallcap IFCI shares jumped 26% in just 1 week
- Posted on January 16, 2026
- By Business News Today
- 2 Views
NSE IPO proxy play! Why smallcap IFCI shares jumped 26% in just 1 week
IFCI shares have surged 26% in a week as expectations rise over Sebi potentially approving NSEs long-delayed IPO this month. The NBFC holds an indirect stake in NSE through SHCIL, whose 4.4% stake is valued at about Rs 23,000 crore. Investor interest has also boosted unlisted NSE shares and lifted BSE stock.