Tourism Finance Corporation of India Ltd
TFCILTD

57.50

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57.25

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Buy
Reco. Price
Rs 59.40
We recommend BUY on the stock based on increase in loan book led by growth in target hotel industry. We also forecast stability in asset quality over the coming fiscal. We target stock to trade at a P/B of 1.08x in FY17E. (Target Price - Rs.68.2)
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50 DMA (.)
56.25
100 DMA (.)
57.01
200 DMA (.)
49.70
Weekly Range (.)
56.90
59.50
Monthly Range (.)
55.80
62.80
52 Weeks Range (.)
34.75
72.00
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