Tourism Finance Corporation of India Achieves 52-Week High Amid Market Volatility

Tourism Finance Corporation of India has made headlines today as its stock price reached a new 52-week high of Rs. 345.85, marking a significant milestone for the small-cap finance company. This achievement comes after a robust performance over the past five days, during which the stock has gained 15.06%, outperforming its sector by 1.54%. The stock's upward trajectory is reflected in its trading position, as it is currently above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong momentum. In contrast, the broader market experienced volatility, with the Sensex reversing sharply after a positive opening, currently trading at 80,575.71, down 0.18%. Despite this, small-cap stocks are showing resilience, with the BSE Small Cap index gaining 0.29%. Over the past year, Tourism Finance Corporation of India has delivered impressive returns of 91.05%, significantly outpacing the Sensex, which has seen a decline of 1.99%. The stock's previous 52-week low was recorded at Rs. 122.15, highlighting its remarkable recovery and growth in the current market environment.