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Sarathi Research

13th Jun · SEBI-Registered Analyst

IFCI Soars 20%, Hits Fresh 52-Week High as Buying Frenzy Continues

$IFCI emerged as one of the market's top performers after shares surged 20% and got locked in the upper circuit, touching a new 52-week high of ₹84.57. The sharp rally reflects strong investor confidence and sustained buying momentum throughout the session. The breakout to a fresh yearly high is viewed as a positive technical signal, highlighting improving sentiment and growing market participation. With buyers aggressively accumulating the stock at elevated levels, traders are closely watching for further upside potential. IFCI's stellar move has firmly placed it on investors' radar as momentum in the counter continues to strengthen. Disclaimer: Investments in securities are subject to market risk. This is for educational purposes only. Investors must verify information before investing and consider their financial position & risk profile.

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