Tourism Finance Corporation of India Experiences Revision in Stock Evaluation Amid Strong Market Performance

Tourism Finance Corporation of India, a small-cap player in the finance and non-banking financial company (NBFC) sector, has recently experienced a notable shift in its stock evaluation. The company has been added to MarketsMOJO's list, reflecting a revision in its score that underscores its current market performance.
On January 3, 2025, the stock surged by 8.05%, significantly outperforming its sector by 7.11%. During the trading session, it reached an intraday high of Rs 178.8, marking a 9.02% increase. This upward momentum is further supported by the fact that Tourism Finance Corporation of India is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong short- to long-term performance trend.

In terms of comparative performance, the stock's one-day gain of 8.23% stands in stark contrast to the Sensex, which recorded a decline of 0.74%. Over the past month, the stock has also shown resilience, with a 0.82% increase compared to the Sensex's drop of 1.85%. This performance highlights the stock's relative strength in a challenging market environment.