DSIJ Mindshare

Industrial Finance Corporation of India Limited (IFCI) said in a stock exchange filing on December 24 that it has raised Rs 805.60 crore, representing about the total committed amount, by selling its stake in the National Stock Exchange Limited (NSE). Around 1.30 pm, the shares of IFCI were trading at Rs 6.90 apiece, up by 9.87 per cent.

Shares of Indian Railway Catering and Tourism Corporation (IRCTC) witnessed a surge of 4 per cent after the Ministry of Railways revised tariff of standard meals at all static units across Indian Railways’ network.

The Securities and Exchange Board of India (SEBI) levied fine on Roselabs Finance, Karvy Financial Services and Sri Navdurga Billets Pvt Ltd in separate orders for failing to comply with certain rules and regulations.

The American multinational independent investment bank, Jefferies Group LLC, suggested investors to ‘Buy’ stocks of IndiaMART with a target price of Rs 2,500 per share. Post this development, the share price of IndiaMART InterMESH Ltd jumped on December 23, 2019 and gained the most after December 12, 2019, rising as much as 5.64 per cent to Rs 2,097 apiece.

Cadila Healthcare announced that the United States Food and Drug Administration (USFDA) cleared its Gujarat facility. Post this development, a jump of 2 per cent was seen in their share price.