Tourism Finance Corporation of India Ltd
TFCILTD

50.85

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51.15

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Buy
Reco. Price
Rs 48.35

Last updated on 18-Nov-2016

We recommend BUY on the stock on account of higher sanctions corresponding to growth in hospitality industry. Also company expects its NPAs to remain flat in FY17E. We target stock to trade at a P/B of 1x in FY17E. (Target Price - Rs.55)
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50 DMA (.)
57.30
100 DMA (.)
50.89
200 DMA (.)
46.14
Weekly Range (.)
48.70
54.65
Monthly Range (.)
44.50
66.25
52 Weeks Range (.)
34.75
72.00
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