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TFCILTD
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Share Price
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- 1M
- 6M
- YTD
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This data is currently unavailable for this company.
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Revenue Mix
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Recent events
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News
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Corporate Actions
Indian tourism stocks rise on govt proposal to develop top destinations
** Indian tourism stocks rise as Finance Minister Nirmala Sitharaman says government will develop top destinations with key infrastructure in budget
** Indian Tourism Development Corp ITDC.NS up 11.61%
** Tourism Finance Corporation of India TFCI.NS up about 2%, Lemon Tree Hotels LEMO.NS up around 1%
(Reporting by Ananta Agarwal in Bengaluru)
** Indian tourism stocks rise as Finance Minister Nirmala Sitharaman says government will develop top destinations with key infrastructure in budget
** Indian Tourism Development Corp ITDC.NS up 11.61%
** Tourism Finance Corporation of India TFCI.NS up about 2%, Lemon Tree Hotels LEMO.NS up around 1%
(Reporting by Ananta Agarwal in Bengaluru)
Indian tourism stocks up on government thrust to present India as tourism hub
** Indian tourism stocks Thomas Cook THOM.NS, Yatra Online YATR.NS, Easy Trip Planners EASM.NS, Tourism Finance Corp TFCI.NS, Indian Tourism Development ITDC.NS up 2%-6%
** Indian government will present India as global tourism hub, Finance Minister Nirmala Sitaraman says in union budget
** EASM sees best day since mid-March, while TFCI eyes steepest one-day gain since early-June
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
** Indian tourism stocks Thomas Cook THOM.NS, Yatra Online YATR.NS, Easy Trip Planners EASM.NS, Tourism Finance Corp TFCI.NS, Indian Tourism Development ITDC.NS up 2%-6%
** Indian government will present India as global tourism hub, Finance Minister Nirmala Sitaraman says in union budget
** EASM sees best day since mid-March, while TFCI eyes steepest one-day gain since early-June
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
Tourism Finance Corporation Of India Approved Issue Of Shares Worth Upto 2 Billion Rupees
Feb 26 (Reuters) - Tourism Finance Corporation of India Ltd TFCI.NS:
TOURISM FINANCE CORPORATION OF INDIA LTD - APPROVED ISSUE OF SHARES WORTH UPTO 2 BILLION RUPEES
Source text for Eikon: ID:nNSE5DLzvb
Further company coverage: TFCI.NS
(([email protected];))
Feb 26 (Reuters) - Tourism Finance Corporation of India Ltd TFCI.NS:
TOURISM FINANCE CORPORATION OF INDIA LTD - APPROVED ISSUE OF SHARES WORTH UPTO 2 BILLION RUPEES
Source text for Eikon: ID:nNSE5DLzvb
Further company coverage: TFCI.NS
(([email protected];))
India's Tourism Finance rises after high networth investor buys 13% stake
** Shares of Tourism Finance Corporation of India TFCI.NS rise as much as 5% to 231.20 rupees
** High networth investor (HNI) Aditya Kumar Halwasiya buys 13% stake worth 11.80 mln shares in the company, via bulk deals
** As of Dec. 31, 2023, Halwasiya publicly held three stocks with a net worth of 9.95 bln rupees ($120.02 mln)
** Varanium Capital Advisors, Varanium India Opportunity and large shareholders Pransatree Holdings and Koppara Sajeeve Thomas among sellers in the bulk deal
** Since reporting a 50% rise in quarterly profit on Feb. 14, TFCI shares have jumped 28%
** Stock up 82% in 2024 so far, including day's gains - LSEG data
($1 = 82.9025 Indian rupees)
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
** Shares of Tourism Finance Corporation of India TFCI.NS rise as much as 5% to 231.20 rupees
** High networth investor (HNI) Aditya Kumar Halwasiya buys 13% stake worth 11.80 mln shares in the company, via bulk deals
** As of Dec. 31, 2023, Halwasiya publicly held three stocks with a net worth of 9.95 bln rupees ($120.02 mln)
** Varanium Capital Advisors, Varanium India Opportunity and large shareholders Pransatree Holdings and Koppara Sajeeve Thomas among sellers in the bulk deal
** Since reporting a 50% rise in quarterly profit on Feb. 14, TFCI shares have jumped 28%
** Stock up 82% in 2024 so far, including day's gains - LSEG data
($1 = 82.9025 Indian rupees)
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
Indian tourism stocks jump as Budget calls for destination development
** Indian tourism stocks rise 4%
** India Finance Minister Nirmala Sitharaman, in Budget speech, urges further development of tourist destinations
** Shares of state-owned Tourism Finance Corporation of India Ltd TFCI.NS and India Tourism Development Corp Ltd ITDC.NS up 4.4% and 5%,respectively; private sector travel firm Thomas Cook (India) Ltd THOM.NS up 4.2%
** Stocks down between 1% and 5% in January
(Reporting by Nandan Mandayam)
(([email protected]; Mobile: +91 9591011727;))
** Indian tourism stocks rise 4%
** India Finance Minister Nirmala Sitharaman, in Budget speech, urges further development of tourist destinations
** Shares of state-owned Tourism Finance Corporation of India Ltd TFCI.NS and India Tourism Development Corp Ltd ITDC.NS up 4.4% and 5%,respectively; private sector travel firm Thomas Cook (India) Ltd THOM.NS up 4.2%
** Stocks down between 1% and 5% in January
(Reporting by Nandan Mandayam)
(([email protected]; Mobile: +91 9591011727;))
India's Tourism Finance up over 3% on Q4 profit growth
** Shares of Tourism Finance Corporation of India Ltd TFCI.NS rises as much as 3.58% to 73.70 rupees
** Co, which provides financial services in tourism sector, reports 11% Y/Y rise in net profit while revenue down 1.2%
** Return of equity up to 9.99% in fourth quarter compared to 9.78% Y/Y
** About 194,646 shares change hands as of 12:57 p.m. IST, 0.7x the 30-day avg - Refinitiv data
($1 = 81.7800 Indian rupees)
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
** Shares of Tourism Finance Corporation of India Ltd TFCI.NS rises as much as 3.58% to 73.70 rupees
** Co, which provides financial services in tourism sector, reports 11% Y/Y rise in net profit while revenue down 1.2%
** Return of equity up to 9.99% in fourth quarter compared to 9.78% Y/Y
** About 194,646 shares change hands as of 12:57 p.m. IST, 0.7x the 30-day avg - Refinitiv data
($1 = 81.7800 Indian rupees)
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
Tourism Finance Corporation Of India To Consider Raising Of Resources
May 12 (Reuters) - Tourism Finance Corporation of India Ltd TFCI.NS:
TO CONSIDER RAISING OF RESOURCES
Source text for Eikon: ID:nBSEGpCgN
Further company coverage: TFCI.NS
(([email protected];))
May 12 (Reuters) - Tourism Finance Corporation of India Ltd TFCI.NS:
TO CONSIDER RAISING OF RESOURCES
Source text for Eikon: ID:nBSEGpCgN
Further company coverage: TFCI.NS
(([email protected];))
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Popular questions
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What does Tourism Finance Corp do?
TFCI is an All India Financial Institution established to facilitate growth of tourism infrastructure in India by offering long-term financial support to tourism-related projects. It has expanded to provide financing for infrastructure, real estate, and manufacturing projects.
Who are the competitors of Tourism Finance Corp?
Tourism Finance Corp major competitors are Arman Financial Serv, Finkurve Financial, Satin Creditcare, Ugro Capital, Saraswati Commercial, Capital India, Spandana Sphoorty. Market Cap of Tourism Finance Corp is ₹1,647 Crs. While the median market cap of its peers are ₹1,751 Crs.
Is Tourism Finance Corp financially stable compared to its competitors?
Tourism Finance Corp seems to be less financially stable compared to its competitors. Altman Z score of Tourism Finance Corp is 1.94 and is ranked 5 out of its 8 competitors.
Does Tourism Finance Corp pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Tourism Finance Corp latest dividend payout ratio is 24.8% and 3yr average dividend payout ratio is 20.72%
How strong is Tourism Finance Corp balance sheet?
Latest balance sheet of Tourism Finance Corp is strong. Strength was visible historically as well.
Is the profitablity of Tourism Finance Corp improving?
Yes, profit is increasing. The profit of Tourism Finance Corp is ₹94.01 Crs for TTM, ₹91.11 Crs for Mar 2024 and ₹87.95 Crs for Mar 2023.
Is Tourism Finance Corp stock expensive?
Yes, Tourism Finance Corp is expensive. Latest PE of Tourism Finance Corp is 17.52, while 3 year average PE is 10.1. Also latest Price to Book of Tourism Finance Corp is 1.69 while 3yr average is 0.92.
Has the share price of Tourism Finance Corp grown faster than its competition?
Tourism Finance Corp has given better returns compared to its competitors. Tourism Finance Corp has grown at ~35.84% over the last 5yrs while peers have grown at a median rate of 18.09%
Is the promoter bullish about Tourism Finance Corp?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Tourism Finance Corp is 3.85% and last quarter promoter holding is 3.85%.
Are mutual funds buying/selling Tourism Finance Corp?
There is Insufficient data to gauge this.