IFCI Update by Epic Research

IFCI, which is in the process of divesting non-core assets, is reportedly looking to sell some stake in National Stock Exchange (NSE). Company’s overall stake on NSE stands at 8.4%. However, the plans for selling non-core Assets are not for augmenting its profitability. Meanwhile, the company is looking for reducing gross non performing loans by 2%.



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Posted in: Indian Market Tips