 "Tourism Finance Corp hits 52-week high as Insync Capital Partners LLP buys stake")
Tourism Finance Corporation of India has rallied 14% to Rs 70.40 on the National Stock Exchange (NSE) in early morning trade after Insync Capital Partners LLP bought less than 1% stake in the company though open market on Tuesday.
On October 4, 2016, Insync Capital Partners LLP acquired 425,000 shares representing 0.53% stake in Tourism Finance Corporation of India at price of Rs 56.22 per share on NSE, the bulk deal data shows. LINK
The name of sellers not ascertained immediately.
The stock hit a 52-week high, has surged 52% in past four trading sessions from Rs 46.40 on September 29.
At 10:02 am, the stock was up 9% at Rs 66.95 on the NSE, as compared to 0.05% decline in the Nifty 50 index. The trading volumes on the counter jumped nearly four-fold with a combined 8.68 million shares changed hands on the NSE and BSE so far.
On October 4, 2016, Insync Capital Partners LLP acquired 425,000 shares representing 0.53% stake in Tourism Finance Corporation of India at price of Rs 56.22 per share on NSE, the bulk deal data shows. LINK
The name of sellers not ascertained immediately.
The stock hit a 52-week high, has surged 52% in past four trading sessions from Rs 46.40 on September 29.
At 10:02 am, the stock was up 9% at Rs 66.95 on the NSE, as compared to 0.05% decline in the Nifty 50 index. The trading volumes on the counter jumped nearly four-fold with a combined 8.68 million shares changed hands on the NSE and BSE so far.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%