Tourism Finance Corporation of India consolidated net profit declines 8.24% in the December 2022 quarter

Tourism Finance Corporation of India Ltd, Liberty Shoes Ltd, Swaraj Engines Ltd and VIP Clothing Ltd are among the other gainers in the BSE’s ‘B’ group today, 21 September 2022.

Hind Rectifiers Ltd leads gainers in ‘B’ group

Tourism Finance Corporation of India standalone net profit declines 16.71% in the December 2021 quarter

Tarsons Products Ltd, Vaksons Automobiles Ltd, Tourism Finance Corporation of India Ltd and Manaksia Steels Ltd are among the other losers in the BSE’s ‘B’ group today, 29 November 2021.

Sarthak Metals Ltd leads losers in ‘B’ group

The company’s Board of Directors had earlier passed a resolution to raise Rs750cr during FY22.

Tourism Finance Corporation of India approves NCD issue worth Rs50cr; Stock ends 2% higher

Check out the stocks that will be in focus during trade today based on recent and latest news developments.

Top stocks in focus: Parag Milk Foods, Biocon, Grindwell Norton, Tourism Finance Corporation of India, PNB

Tourism Finance Corporation of India in an exchange filing on Tuesday announced that the company’s board will meet on 22 November to consider the issuance of NCDs to be issued on private placement basis.

Tourism Finance board to mull fund raising

Indian Energy Exchange and Apollo Pipes have announced their respective record dates for the issuance of bonus shares for eligible shareholders

Stocks to Watch: IndiGo, Biocon, Pfizer, IEX, TFCI, SAIL, BHEL, Nalco

Tourism Finance Corporation of India standalone net profit declines 1.32% in the September 2021 quarter

Tourism Finance Corporation of India has secured ₹65.18 crore by way of preferential allotment of 96.55 lakh shares at ₹67.50 a share. TFCI will use the funds to boost its strong position in the lendi

TFCI raises ₹65 crore via pref issue

TFCI will use the funds to boost its strong position in the lending ecosystem and to accelerate its strategic priorities.

Tourism Finance Corporation secures Rs65.18cr via preferential allotment of over 96 lakh equity shares

Hasn't faired well - amongst the low performers

Performance

Can be considered moderately valued vs the market

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Tourism Finance Corporation of India Limited is a financial services company which provides financial assistance to enterprises for setting up and/or development of tourism-related projects.