TFCI Stock Continues to Decline, Receives 'Strong Sell' Rating from MarketsMOJO
Tourism Finance Corporation of India (TFCI) has been in the news for its stock performance. The smallcap company, operating in finance and NBFC industry, has received a 'Strong Sell' rating from MarketsMojo. The stock has been on a downward trend, trading below its moving averages and underperforming the Sensex in the last 1 day and 1 month. Investors should conduct their own research before making any investment decisions.
Tourism Finance Corporation of India (TFCI) has been in the news recently due to its stock performance. The company, which operates in the finance and NBFC industry, is classified as a smallcap company. However, according to MarketsMOJO, the stock has been given a 'Strong Sell' rating.
Today, the stock opened with a loss of -5.12%, underperforming the sector by -0.53%. This is the seventh consecutive day that the stock has been losing, with a total fall of -7.63% in this period. The stock also opened with a gap down of -5.12% today and touched an intraday low of Rs 156.65.
In terms of moving averages, TFCI is currently trading below its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages. This indicates a downward trend in the stock's performance.
Comparing TFCI's performance to the Sensex, the stock has underperformed in the last 1 day and 1 month, with returns of -1.61% and -8.53% respectively, while the Sensex has performed slightly better with returns of -1.10% and 0.95% in the same periods.
It is important to note that this is not a recommendation to buy or sell the stock, as MarketsMOJO is a fact-based platform that does not consider future potential or expert opinions. Investors should do their own research and analysis before making any investment decisions.
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