Tourism Finance Corporation Reaches 52-Week High Amid Broader Market Momentum
Tourism Finance Corporation of India has achieved a new 52-week high, reflecting a notable upward trend in its stock performance. The company has outperformed the Sensex over the past year, while the broader market also shows positive momentum, nearing its own 52-week high.
Tourism Finance Corporation of India has made headlines today as its stock price reached a new 52-week high of Rs. 238.35. This milestone reflects a significant upward trend, particularly as the stock has gained 5.98% over the past three days. Despite this positive movement, it underperformed its sector by 0.27% today.In terms of technical indicators, the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong position in the market. Over the past year, Tourism Finance Corporation of India has delivered a robust performance, with a return of 19.56%, significantly outpacing the Sensex, which has seen a return of 6.66% during the same period.
The broader market also showed positive momentum, with the Sensex opening higher at 82,534.61 and currently trading at 82,488.26, reflecting a gain of 0.72%. The Sensex is nearing its own 52-week high, indicating a bullish trend in the market overall.
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