Tourism Finance Corporation Achieves 52-Week High Amid Strong Small-Cap Market Performance

Tourism Finance Corporation of India has made headlines today as its stock price reached a new 52-week high of Rs. 290, marking a significant milestone for the small-cap finance company. This achievement comes after a robust performance over the past six days, during which the stock has gained 21%. Today, it opened with a notable gain of 3.2%, reflecting strong market momentum.
In terms of performance metrics, Tourism Finance Corporation of India has outperformed its sector by 1.2%, indicating a solid position within the finance industry. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend in its price movement.

In the broader market context, the Sensex is experiencing a slight decline, trading at 83,552.41, down 0.19% after a flat opening. Despite this, small-cap stocks are leading the market, with the BSE Small Cap index gaining 0.38%. Over the past year, Tourism Finance Corporation of India has delivered an impressive return of 38.67%, significantly outperforming the Sensex, which has seen a return of just 3.98%. The stock's 52-week low stands at Rs. 122.15, highlighting its remarkable recovery and growth trajectory.