Promoter entity raises stake to 9.37% in TFCI

India Opportunities III Ptd. Ltd., promoter of Tourism Finance Corporation of India Ltd (TFCI) has purchased 3,63,197 equity shares of the company through market purchase on August 23, 2019. The shares were bought for a total consideration of Rs. 2,81,51,908.00.

With this, the promoter group entity has increased its stake from 72,03,653 equity shares (8.92%) to 75,66,850 equity shares (9.37%).

Shares of TOURISM FINANCE CORPORATION OF INDIA LTD. was last trading in BSE at Rs.85.9 as compared to the previous close of Rs. 83.9. The total number of shares traded during the day was 5948 in over 119 trades.

The stock hit an intraday high of Rs. 85.9 and intraday low of 84.25. The net turnover during the day was Rs. 504824.

Source : Equity Bulls

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