Tourism Finance Corporation of India Reaches New High Amid Strong Market Momentum

Tourism Finance Corporation of India has shown significant activity today, gaining 7.66% and reaching a new 52-week high of Rs. 262. This marks an intraday increase of 8.15%, reflecting strong momentum as the stock has now risen for three consecutive days, accumulating a total return of 10.51% during this period. In terms of performance metrics, the stock has outperformed its sector by 7.11% today. It is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward trend. Looking at broader market conditions, the Sensex opened flat but is currently trading positively at 83,423.87, up 0.22%. The index is just 3.06% away from its own 52-week high and is supported by bullish moving averages. In comparison, the BSE Mid Cap index has gained 0.26%, leading the market today. Over various time frames, Tourism Finance Corporation of India has demonstrated impressive performance, with a year-to-date increase of 58.71% and a remarkable 413.41% rise over the past three years, significantly outpacing the Sensex.