Tourism Finance Corporation of India Achieves 52-Week High Amid Strong Small-Cap Resilience
Tourism Finance Corporation of India has achieved a new 52-week high of Rs. 338.8, following a notable 12.02% increase over three days. The stock's performance has outpaced the Sensex over the past year, highlighting its strong market position amid a resilient small-cap sector.
Tourism Finance Corporation of India has made headlines today as its stock price reached a new 52-week high of Rs. 338.8, marking a significant milestone for the small-cap finance company. This achievement comes after a strong performance over the past three days, during which the stock has gained 12.02%. 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 robust upward trend. Over the past year, Tourism Finance Corporation of India has demonstrated impressive growth, with a return of 89.89%, significantly outperforming the Sensex, which has seen a decline of 3.04% during the same period.
Despite the overall market sentiment, with the Sensex experiencing a decline of 0.15% today, small-cap stocks are showing resilience, as evidenced by the BSE Small Cap index gaining 0.56%. The performance of Tourism Finance Corporation of India reflects its strong market position and positive momentum in the finance sector.
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