Tourism Finance Corp gains 5% after Rs 248-crore block deals
Tue, Feb 20, 2024 9:51 AM

Tourism Finance Corp gains 5% after Rs 248-crore block deals

A Flip by Avya Verma
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Shares of Tourism Finance Corp of India Ltd saw a 5% increase after four block deals for 11.8 million shares at Rs 248 crore valuation, setting each share at Rs 210. Moneycontrol could not confirm buyers/sellers. The stock rose 5% and hit a circuit limit in four out of five sessions, jumping 73% in 2024. Reported earning for December with net interest income at Rs 27.51 crore.

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