MUMBAI, Jan 12, 2026, 13:55 IST
- IFCI surged to an intraday high of Rs 52.79, climbing 7.7% from the previous close, while the Sensex slipped roughly 0.5%
- The stock topped the BSE’s ‘A’ group gainers, with trading volume soaring past the one-month average
- MarketsMojo maintains a “Sell” rating on IFCI, assigning it a Mojo Score of 32
IFCI Ltd shares jumped as much as 7.7% to 52.79 rupees on Monday, defying a 0.5% drop in the Sensex. This rally snapped a five-day losing streak for the stock. Despite the bounce, MarketsMojo stuck with a “Sell” rating, holding the stock’s Mojo Score at 32 after downgrading it from “Hold” in late November. 1
The stock led the gainers in the BSE’s “A” group, a set of actively traded shares, after volumes surged. By 11:46 a.m. IST, about 4.85 million shares had changed hands—nearly five times the one-month daily average, Capital Market data cited by Business Standard showed. Other notable gainers in the group included Shakti Pumps, Manappuram Finance, Coal India, and Hindustan Zinc. 2
This burst is significant because IFCI’s been all over the place, and big volume spikes usually lure short-term traders looking for a stock to move. With the broader market soft, a sharp 6% to 8% jump sticks out more than usual.
The reports didn’t reveal any new, stock-specific catalyst driving the rally. For now, the move appears to be a momentum trade, fueled by a gap-up open and ongoing buying pressure.
Traders are eyeing if the stock can maintain the 50-rupee level and sustain the surge in turnover. Without fresh news, a single-day spike could easily slip into a two-day slump if buyers pull back.
IFCI, a public-sector lender founded in 1948, operates as a systemically important non-bank non-deposit taker. The company is listed on both the BSE and NSE, it says. 3
Price moves today landed amid a mixed bag, with some stocks holding firm even as the benchmark index slipped into the red. Sessions like this tend to spark a chase—there just aren’t many clear safe spots to settle into.
The risks are clear. A stock moving 7% in a day can just as easily reverse sharply if volumes dry up or the market shifts to risk-off. Smaller finance names often magnify these swings in both directions.
