Why is Tour. Fin. Corp. falling/rising?
As of 18-Jul, the Tourism Finance Corporation of India Ltd is priced at Rs 289.30, having recently declined slightly but showing strong long-term performance with a 1-month return of +28.78% and a year-to-date return of +75.02%. Despite short-term challenges, the company's solid financial position and increased institutional investor participation indicate a resilient outlook.
As of 18-Jul, the Tourism Finance Corporation of India Ltd is currently priced at Rs 289.30, reflecting a slight decline of -0.2 (-0.07%). The stock has been experiencing a downward trend, having fallen for the last three days, resulting in a total return of -0.48% during this period. Despite this recent decline, the stock has shown strong performance over the longer term, with a 1-month return of +28.78% and a year-to-date return of +75.02%. Additionally, the company has the highest cash and cash equivalents at Rs 142.00 crore and the lowest debt-equity ratio at 0.71 times, indicating a solid financial position. The increase in institutional investor participation, with a 0.59% rise in their stake, suggests confidence in the company's fundamentals, which may help stabilize the stock despite recent price fluctuations.In the broader market context, the stock has outperformed the Sensex, which has declined by -0.90% over the past week while the stock itself has gained +1.51%. This indicates that the stock is performing well relative to the market, although the recent price drop may be attributed to falling investor participation, as evidenced by a significant decrease in delivery volume by -73.6% against the 5-day average. The stock's liquidity remains adequate for trading, with a value of Rs 1.02 crore based on 2% of the 5-day average traded value. Overall, while the stock is facing short-term challenges, its long-term performance and institutional backing suggest a resilient outlook.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
