IFCI's stock price increased by 6.72% to Rs 53.85 following the announcement of its decision to sell its 10% equity stake in North Eastern Development Finance Corporation (NEDFi). The company realized a total consideration of Rs 121.77 crore for this stake, which was initially acquired for Rs 10 crore. IFCI, a public sector non-banking finance company, reported a 73.03% rise in net profit for Q2 FY25.