Tourism Finance Corporation Achieves 52-Week High Amid Strong Market Momentum

Tourism Finance Corporation of India has made headlines today as its stock price reached a new 52-week high of Rs. 303.55, marking a significant milestone for the small-cap finance company. This achievement comes after a notable performance, with the stock outperforming its sector by 3.29% and recording a consecutive gain over the past two days, resulting in a total return of 6.35% during this period.
The stock's intraday high of Rs. 303.55 reflects a 6.12% increase, showcasing strong momentum. Additionally, the Tourism Finance Corporation is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward trend in its price performance.

In the broader market context, the Nifty index closed at 24,635.65, up by 148.25 points (0.61%), with all market cap segments experiencing gains. Notably, the one-year performance of Tourism Finance Corporation of India stands at an impressive 64.05%, significantly outpacing the Sensex, which recorded a modest 2.01% increase during the same period. The stock's 52-week low was recorded at Rs. 122.15, highlighting its substantial recovery.