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Mumbai, June 13, 2026, 23:35 (IST). IFCI Limited shares hit a 20% upper circuit on Friday, June 12, ending the day at ₹84.57 on the NSE. That’s their highest close in 52 weeks. Upper circuit refers to the daily price cap set by the exchange, which halts further gains within a session. Trading was busy—The Economic Times’ market page reported 24,05,41,132 shares traded and the company’s market cap closing at ₹22,785.82 crore. (The Economic Times) Renewed hopes around the National Stock Exchange of India’s IPO pushed action. A DRHP, or draft red herring prospectus, is the first step for any

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