Posted On: August 23, 2023

Stock Report: TFCILTD(NSE) 22 Aug 2023 

Outlook: BULLISH

Sector: Financial Services 

Industry: Credit Services

Tourism Finance Corp of India Ltd is engaged in the provision of financial services. It provides financial assistance by way of rupee term loans, subscriptions to equity/debentures, and corporate loans mainly to hotel projects, amusement parks, ropeways, multiplexes, restaurants, and others. The company products and services include tourism project financing, other financings, and tourism advisory services. Its only operating segment being Financing and Investment Activities. Geographically, it derives most of the revenue from India. 

#xCalData predicts that # TFCILTD will continue its bullish phase over the next five days and trend within the range of 102 to 112.  

In comparison to the previous month, the price of the stock has experienced an increase of 22.58% indicating a bullish. 

The Stock has doubled once since 26 Aug 2015 and took an average of 1.6 years to double.       

The stock has shown seasonality trend in the past. 

Reviewing the returns for the past 5 years for the same week, we see the stock has given negative returns in 1 years in the past.

Majority of the technical ratios trend towards Bullish side of the spectrum. 

Collectively, xCalData suggests the stock would be in Bullish zone for next 5 days. 

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