Shares of smallcap company Tourism Finance Corporation of India (NSE: TFCILTD) is now traded at Rs 218.10. In the last month, shares of Tourism Finance Corporation have jumped by more than 72.21 percent. The company’s shares have almost doubled in investors’ money in just one month.
Now the leading mutual fund has placed a big bet on the shares of the company. The 52-week low level of shares of Tourism Finance Corporation is Rs 67.20.
Quant Mutual Fund Bought 600000 Shares
The shares of Tourism Finance Corporation of India (TFCI) have risen 26% over the past two trading sessions. The increase in shares of the company is a result of the bets made by Quant Mutual Fund.
Quant Mutual Fund has bought 600000 shares of Tourism Finance Corporation or 0.66% stake in the company through a bulk deal. Quant Mutual Fund has bought shares of Tourism Finance Corporation for Rs 208.57 per share.
Shares Have Increased By More Than 200% Within One Year
Shares of the Tourism Finance Corporation of India (TFCI) have increased by more than 200% in the last year. Shares of the company was at Rs 74.65 on 6 February 2023.
Shares of Tourism Finance Corporation have reached Rs 247 on 5 February 2024. Shares of Tourism Finance Corporation have jumped by more than 123% in the last 6 months.
In the past 6 months of the year, share prices have increased by 97.64 up to 247. In the same period, the stocks of Tourism Finance Corporation have increased by over 30% over the past five days.
About Tourism Finance Corporation of India
Tourism Finance Corporation of India Limited is a bank that provides financial services.
The Company provides financial aid via rupee short-term loans, and corporate loans along with subscriptions to equity/debentures, mainly to the tourism industry which comprises resorts, hotels and restaurants, food courts entertainment parks, ropeways, and multiplexes.
The program also offers financial aid to other industries including manufacturing, infrastructure, as well as real estate. It also offers finance to educational institutions, healthcare institutions, and the real-estate sector engaged in middle-class housing development.
It offers advisory and consulting services such as tourism areas potential services and development of a tourism master plan disinvestment and advisory services to government agencies, state and central departmental departments, debt syndication, and also investment banking.
Fundamental Analysis of Tourism Finance Corporation of India Ltd
| Market Cap | ₹ 1,966 Cr. |
| Current Price | ₹ 218.10 |
| 52-wk High | ₹ 247 |
| 52-wk Low | ₹ 67 |
| Stock P/E | 22.83 |
| Book Value | ₹ 105 |
| Dividend | 1.02 % |
| ROCE | 9.46 % |
| ROE | 8.99 % |
| Face Value | ₹ 10.0 |
| P/B Value | 2.23 |
| OPM | 88.5 % |
| EPS | ₹ 9.56 |
| Debt | ₹ 1,044 Cr. |
| Debt to Equity | 1.10 |
Tourism Finance Corporation of India (TFCIL) Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹215 | ₹231 |
| 2025 | ₹235 | ₹242 |
| 2026 | ₹250 | ₹275 |
| 2027 | ₹290 | ₹325 |
| 2028 | ₹332 | ₹362 |
| 2029 | ₹400 | ₹428 |
| 2030 | ₹450 | ₹500 |
Tourism Finance Corporation of India Shareholding Pattern
| Promoters Holding | |
| Dec 2022 | 17.94% |
| Mar 2023 | 17.96% |
| June 2023 | 17.96% |
| Sept 2023 | 17.96% |
| Dec 2023 | 17.67% |
| FII Holding | |
| Dec 2022 | 16.72% |
| Mar 2023 | 16.78% |
| June 2023 | 16.29% |
| Sept 2023 | 13.01% |
| Dec 2023 | 13.88% |
| DII Holding | |
| Dec 2022 | 0.00% |
| Mar 2023 | 0.00% |
| June 2023 | 0.00% |
| Sept 2023 | 0.00% |
| Dec 2023 | 0.00% |
| Govt. Holding | |
| Dec 2022 | 0.00% |
| Mar 2023 | 0.00% |
| June 2023 | 0.00% |
| Sept 2023 | 0.00% |
| Dec 2023 | 0.00% |
| Public Holding | |
| Dec 2022 | 65.32% |
| Mar 2023 | 65.24% |
| June 2023 | 65.73% |
| Sept 2023 | 69.02% |
| Dec 2023 | 68.44% |
Tourism Finance Corporation of India Ltd Share: Last 5 Years’ Financial Condition
To better understand how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹ 230 Cr |
| 2020 | ₹ 266 Cr |
| 2021 | ₹ 258 Cr |
| 2022 | ₹ 254 Cr |
| 2023 | ₹ 228 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 86 Cr |
| 2020 | ₹ 81 Cr |
| 2021 | ₹ 81 Cr |
| 2022 | ₹ 85 Cr |
| 2023 | ₹ 86 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 1.8 |
| 2020 | 1.92 |
| 2021 | 1.72 |
| 2022 | 1.36 |
| 2023 | 0.98 |
Last 10 Years’ Profit Growth:
| 10 Years: | 5% |
| 5 Years: | 3% |
| 3 Years: | 3% |
| Current Year: | -1% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | 11% |
| 5 Years: | 10% |
| 3 Years: | 10% |
| Last Year: | 9% |
Sales Growth Over 10 Years:
| 10 Years: | 3% |
| 5 Years: | 1% |
| 3 Years: | -4% |
| Current Year: | -6% |
Conclusion
This article is a complete guide about Tourism Finance Corporation of India Ltd Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses.
Also, We have discussed the share’s prospects and growth potential in detail.
This information will help you in your further investment.
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Also Read: 1300 Crore Total Order; 13.62 Lakh Shares Allotted; Huge Investment By Reputed Investor
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