There is a hike in the market, and IFCI stock prices also went up today, 12 July 2024, by 12.10%. Today the stock closed at 62.11 per share in the market. The current trading of that stock in the market is 69.62 per share. The people who had invested in the IFCI should monitor these stock prices closely in the upcoming days and weeks to see how they react to the news.
IFCI Share Price; STOCK MARKET LIVE
As we all know on the last day of trading, IFCI’s stock opened at Rs. 61.99 and closed at Rs.61.59. The highest for the day was 63.17, while the lowest was 61.48. The capitalization of the market stood at Rs.16,232.01 crore. The 52-week highest for the stock was Rs.7.16 and the lowest was 12.39. The BSE volume for the day was 1,353,998 shares traded yet.
IFCI has experienced a decrease in EPS of –99999.99% and a decrease in revenue w by –4.96% over the past 3 years. This year, the company generated slightly higher revenue in comparison to the last financial year, the approximate revenue was 17745.00 cr. According to the prediction this company will have a great revenue and profit for the upcoming year.
The below data can help you to check the stock between various companies:
| Name | Latest Price | Change | % Change | 52W High | 52W Low | Mkt. Cap (cr) |
| Manappuram Finance | 224.2 | 11.7 | 5.5 | 217.6 | 122.7 | 18984.63 |
| Aptus Value Housing Finance | 326.4 | -3.55 | -1.07 | 388 | 248.45 | 16289.87 |
| IFCI | 69.63 | 7.51 | 12.09 | 71.8 | 12.28 | 17332.69 |
| Aavas Financiers | 1784.84 | -4.65 | -0.26 | 1978.23 | 1307.1 | 14125.25 |
| Canfin Homes | 868.96 | -10.7 | -1.22 | 937.2 | 680.45 | 11571.42 |
Stock Market Today Live
IFCI SHARE PRICES have risen by 12.09% to reach Rs.69.62 to its peers. IFCI stock’s low price for the day was 62.35 while the highest price reached Rs.72. IFCI’s share price closed the day at Rs 69.62 12.09% higher than the previous closing price.
Its share price is at Rs69.3 and has crossed the daily resistance price level by Rs 64.67. According to this rise, it indicates that the stock is experiencing significant buying interest and the prices can change further.
IFCI Short-Term and Long-Term Trend
As per the technical analysis, short-term and long-term trends of share are going to have a hopeful increase in the market price. Volume and prices are the crucial and the most important indicators for analyzing trends in the market.
We can say a positive price movement accompanied by higher volume indicates a sustainable upward trend, while a negative price movement with higher volume could suggest a decrease in prices.
Benefits for the Investors in IFCI
- The stock prices can be seen moving between 72.53 and 69.56 levels in the last few hours. Trades can consider rangebound trading strategies, such as buying in the hourly support of 69.56 and selling around the hourly resistance of 72.54. IFCI share prices is at Rs.71.6 and already had crossed the daily key resistance price level of Rs64.65.
- The current market price of IFCI has risen above the first resistance level of Rs62.99, which was calculated using a classic pivot table for daily trading. This suggests a high positive trend. However, traders should remain cautious and watch for the price to approach Rs63.88.
BMW And Its Stock in the Market
The full form of BMW is Bayerische Motoren Werke AG, a German multinational manufacturer of luxury vehicles and bikes that has a headquarters in Munich, Bavaria, Germany. BMW’s share prices were Rs60.18 on 12 July 2024. Its share prices were decreased by 0.13% in comparison to previous share prices.
For the financial year ending March 31, 2024, BMW India had a total revenue of Rs 602.48 crore and earnings of Rs63.78 crore on a consolidated basis. In the last quarter of the financial year, BMW India earned Rs137.55 crore in income and a recorded profit of 19.04 crore.
Financial Insights of BMW In India
The financial year ending i.e. march 31,2024 the company had allocated 3.32% of its operating revenue to interest expenses and approx.4.18% to its employee cost.
