share price of tourism finance

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23-Aug-2024 09:26

23-Aug-2024 | 84.8075

23-Aug-2024 09:00

Lac Crs 456.50 | Tn $ 5.44

22-Aug-2024

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Samco Stock Rating

Tourism Finance Corp of India Ltd.

As on 23 Aug, 2024 | 09:18

* BSE Market Depth (23 Aug 2024)

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Forecast                                                

Investors should be very cautious while exercising investment decision for

The Estimates data displayed by Moneycontrol is not a recommendation to buy or sell any securities. Estimates data is a third party aggregated data provided by S&P Global Market Intelligence LLC for informational purposes only. The Company advises the users to check with duly registered and qualified advisors before taking any investment decision. The Company does not guarantee the accuracy, adequacy or completeness of any information/data and is not responsible for any errors or omissions or for the results obtained from the use of such information/data. The Company or anyone involved with the Company will not accept any liability for loss or damage as a result of reliance on the Estimates data. The Company does not subscribe or endorse any of the services and/or content offered by such third party.

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Note: High PE if PE ≥ 80 percentile, Low PE if PE ≤ 30 percentile and Average PE if 30 < PE < 80 percentile (calculations based on 3 years data)

Note: High P/B if P/B ≥ 80 percentile, Low P/B if P/B ≤ 30 percentile and Average P/B if 30 < P/B < 80 percentile (calculations based on 5 years data)

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• Underperform

Get detailed analysis with Moneycontrol Stock Insights.

• 32.20% away from 52 week high
• Market Cap - Low in industry
• Promoters have decreased holdings from 8.04% to 7.85% in Jun 2024 qtr
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Price and Volume

Seasonality analysis.

16 out of 24 years Tourism Finance Corp of India has given positive returns in August .

Tourism Finance Standalone June 2024 Net Sales at Rs 61.80 crore, up 4.45% Y-o-Y

HFT Scan : Aditya Birla Money and Tourism Finance Corporation in focus Jun 10 2024 07:08 AM

Tourism Finance Standalone March 2024 Net Sales at Rs 57.62 crore, down 4.03% Y-o-Y May 20 2024 12:42 PM

HFT Scan: Algo traders zoom in on Tourism Finance Corp, Foods and Inns Mar 18 2024 06:25 AM

HFT Scan: Infibeam Avenues zooms, Tourism Finance &amp; India Pesticides see some action Mar 12 2024 06:28 AM

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Similar to Nbcc. Both need some proper fii or dii investment. Great stocks fundamentally. View more

Posted by : bullseye15

Repost this message

Similar to Nbcc. Both need some proper fii or dii investment. Great stocks fundamentally.

chal deek Bhai kal ke baad se kabhi Mera message nhi dekhegaa View more

Posted by : sumitbaba

chal deek Bhai kal ke baad se kabhi Mera message nhi dekhegaa

STEEL SECTER PERFORMING STRONG WILL SEE THE BUYING LEVELS SOON AFTER ANY BREAKDOWN PINGG ON WHTSZAP SEVENN 30073 DOUBLE 0NE 44.. View more

Posted by : puja_76828

STEEL SECTER PERFORMING STRONG WILL SEE THE BUYING LEVELS SOON AFTER ANY BREAKDOWN PINGG ON WHTSZAP SEVENN 30073 DOUBLE 0NE 44..

• Broker Research

ADITYA KUMAR HALWASIYA

Pransatree holdings pte. limited, koppara sajeeve thomas, varanium india opportunity ltd, varanium capital advisors private limited.

*Transaction of a minimum quantity of 500,000 shares or a minimum value of Rs 5 crore.

GRAVITON RESEARCH CAPITAL LLP

Giriraj ratan damani, marwadi chandarana intermediaries brokers private limited.

*A bulk deal is a trade where total quantity of shares bought or sold is more than 0.5% of the equity shares of a company listed on the exchange.

Insider Transaction Summary

Pransatree holdings pte limited, koppara sajeeve thomas, life insurance corporation of india, india opportunities iii pte. limited.

*Disclosures under SEBI Prohibition of Insider Trading Regulations, 2015

Merling Holdings Pvt Ltd & PACs Disposal

Aditya kumar halwasiya acquisition, pransatree holdings pte ltd & pac disposal, merlin holdings pvt ltd & pacs disposal, rajasthan global securities pvt ltd disposal, pransatree holdings pte ltd & pac acquisition.

*Disclosures under SEBI SAST (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

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Tourism Finance Corp of India - Announcement under Regulation 30 (LODR)-Credit Rating

Tourism finance corp of india - announcement under regulation 30 (lodr)-newspaper publication, tourism finance corp of india - reg. 34 (1) annual report..

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• Mutual Funds holding remains unchanged at 0.00% in Jun 2024 qtr
• Number of MF schemes remains unchanged at 1 in Jun 2024 qtr
• FII/FPI have decreased holdings from 3.41% to 2.97% in Jun 2024 qtr

About the Company

Company overview, registered office.

4th Floor,Tower-1,,NBCC Plaza,,Pushp Vihar,

11-47472200

[email protected]

http://www.tfciltd.com

F-65, Ist Floor, Okhla Industrial Area, Phase-I,,

New Delhi 110020

011-41406149

011-41709881

[email protected]

http://www.mcsregistrars.com

Designation

Non Executive Chairman

WholeTime Director & CFO

Non Executive Director

Non Exe. & Nominee Director

Independent Director

Included In

INE305A01015

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Tourism Finance price target

BSE: 526650   |   NSE: TFCILTDEQ   |   IND: Term Lending - General   |   ISIN code: INE305A01015   |   SECT: Term Lending Institutions

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Tourism Finance Corporation of India Ltd.

Shareholding.

• Corporate actions

Share price chart

*Stock prices shown are delayed by 5 minutes

Key Indicators

Data as per latest reports and statements

Returns calculator

Lumpsum investment ₹

Investment period: 22 Aug 2023 - 22 Aug 2024

• Total investment ₹100
• Profit + ₹71
• Dividends + ₹3
• Total corpus ₹ 174
• Absolute returns 73.50 %

Adjusted for Profit from discontinuing operations, Extraordinary items etc

Total Outside Liabilities is the difference between Total Liabilities and Net Worth

• Promoters 7.85 %
• Retail & others 89.14 %

Peer comparison

About tourism finance corporation of india ltd..

Tourism Finance Corporation of India Ltd. is a public sector enterprise in India and operates in the Finance - Term Lending Institutions sector. The company has different verticals, which include TFCI Capital Ltd.. Products and brands offered by the company include Other Operating Revenue, Fees & Commission Income, Dividend, Interest and Income From Sale Of Share & Securities.

The company was established in 1989. As of 23 Aug 2024, it has a market cap of 1,685.1 Cr. The {COMPANY_CAP} company is a part of indices like {INDICES_LIST}.

The Latest Details of Tourism Finance Corporation of India Ltd. ’s Earnings

In FY 2021-2022, Tourism Finance Corporation of India Ltd. reported its revenue at Rs.254.2 Cr, which was an decrease of -2% compared to the previous financial year. The profit after tax or PAT also increased by 6% compared to last year and stood at Rs.85.3 Cr.The EBITDA of Tourism Finance Corporation of India Ltd. was Rs.229.4 Cr in FY 2021-2022.

The Latest Details of Tourism Finance Corporation of India Ltd. ’s Share Price

Tourism Finance Corporation of India Ltd.’s share price as of 23 Aug 2024 is Rs.181.99. Over the past 6 months, Tourism Finance Corporation of India Ltd.’s share price has decreased by -25.27% and in the last one year, it has increased by 71.38%. The 52-week low for Tourism Finance Corporation of India Ltd.’s share price was Rs.90.85, and the 52-week high was Rs.267.55.

Tourism Finance Corporation of India Ltd. ’s Board of Directors

67 smallcap stocks gain in double digits in a roller coaster market week

Financials lift Nifty to record high for second day; Sensex reclaims 73,000

Tourism Finance Corporation hit 5% upper circuit amid block deal

Ahead of Market: 10 things that will determine D-Street action on Tuesday

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Banayantree Services Limited, Non-Individual SEBI Registered Investment Advisers, RIA No. INA100006898, Validity January 09, 2017 - Perpetual

Registered Address: Express Building, 9-10, Bahadurshah Zafar Marg, New Delhi - 110002

Corporate Office: Plot No. 391, Udyog Vihar, Phase-III, Gurugram, Haryana, 122016

Email Id - [email protected] Email Id of Principal Officer - [email protected]

SEBI Corporate Office: NBCC Complex, Office Tower-1, 8th Floor, Plate B, East Kidwai Nagar, New Delhi - 110023

Tourism Finance Corporation of India Ltd

Tourism Finance Corporation of India Ltd provides financial assistance to the tourism sector comprising hotels, resorts, restaurants, food courts, amusement parks, ropeways, multiplexes, etc. [1]

Offerings The company provides financial assistance to tourism-related projects such as hotels, resorts, restaurants, amusement parks, etc, primarily in the form of long-term loans as well as by investing in the debentures, equity, preference shares, etc, of such companies. [1]

• Market Cap ₹ 1,678 Cr.
• Current Price ₹ 181
• High / Low ₹ 268 / 90.8
• Stock P/E 18.2
• Book Value ₹ 121
• Dividend Yield 1.38 %
• ROCE 10.5 %
• Face Value ₹ 10.0
• Sales & Margin
• EV / EBITDA
• Price to Book
• Market Cap / Sales
• Company has been maintaining a healthy dividend payout of 20.7%
• The company has delivered a poor sales growth of 1.01% over past five years.
• Promoter holding is low: 7.85%
• Company has a low return on equity of 9.13% over last 3 years.
• Promoter holding has decreased over last 3 years: -19.4%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Sector: Finance Industry: Finance - Term-Lending Institutions

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Profit & Loss

Balance sheet, shareholding pattern.

Numbers in percentages

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards. Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes. Click on the line-items to see the names of individual entities.

Announcements

• Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 14 Aug
• Shareholder Meeting / Postal Ballot-Outcome of AGM 14 Aug
• Announcement under Regulation 30 (LODR)-Newspaper Publication 14 Aug
• Announcement under Regulation 30 (LODR)-Investor Presentation 14 Aug
• Statement Of Deviation & Variation 13 Aug

Annual reports

• Financial Year 2024 from bse
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Credit ratings

• Rating update 2d from care
• Rating update 29 Jul from brickwork
• Rating update 13 Jun from smera
• Rating update 29 May from smera
• Rating update 7 May from smera
• Rating update 24 Aug 2023 from care
• Aug 2024 Transcript Notes PPT
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Tourism Finance Corporation of India Ltd

Tourism finance corporation of india ltd share price today.

Aug 23, 2024 09:07 AM

SECTOR : Finance | BSE :526650 | NSE : TFCILTD

-0.02 (-0.01 %)

Company details

• SWOT Analysis
• Information
• Tourism Finance Corporation of India Ltd: 181.39 -0.02 (-0.01 %)

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Tourism finance corporation of india ltd shares swot analysis.

• SHAREHOLDING

Strengths (6)

• Rising Net Cash Flow and Cash from Operating activity
• Efficient in managing Assets to generate Profits - ROA improving since last 2 year
• Growth in Net Profit with increasing Profit Margin (QoQ)

Weakness (1)

• Inefficient use of shareholder funds - ROE declining in the last 2 years

Opportunity (2)

• Negative to Positive growth in Sales and Profit with Strong Price momentum
• Highest Recovery from 52 Week Low

Threats (2)

• Promoter decreasing their shareholding
• Increasing Trend in Non-Core Income

Discover More

Resistance and support.

• Public 89.14%
• Promoter 7.85%
• Other Institutions 0.04%
• PROFIT AND LOSS STATEMENT
• BALANCE SHEET
• QUARTERLY RESULT

Tourism Finance Corporation of India Ltd Stocks COMPARISON

Equity Capital: 1,089.62 Cr FV: 10.00

• ANNOUNCEMENT
• CORPORATE ACTION

Aug 16, 2024 l NSE Announcement

Tourism Finance Corporation of India Ltd Information

• ABOUT COMPANY
• COMPANY INFO
• LISTING INFO

Tourism Finance Corporation of India Ltd was incorporated on January 27, 1989 as a public limited company. The company became operational with effect from February 1, 1989 on receipt of certificate of the commencement of business from the Registrar of Companies. The company was promoted by IFCI Ltd along with other All-India Financial/ Investment Institutions and Nationalised Banks. Tourism Finance Corporation of India Ltd is a Government of India Enterprises. The company is engaged in the business of financing tourism-related projects. They provide financial assistance to enterprises for setting up and/ or development of tourism-related projects, facilities and services, such as hotels, restaurants, holiday resorts, amusement parks, multiplexes and entertainment centers, education and sports, safari parks, rope-ways, cultural centers, convention halls, transport, travel and tour operating agencies, air service, tourism emporia, and sports facilities. The forms of financial assistance include rupee loan, underwriting of public issues of shares/debentures and direct subscription to such securities, guarantee of deferred payments and credit raised abroad, equipment finance, equipment leasing, assistance under suppliers` credit, working-capital financing, takeover financing and advances against credit-card receivables. The company also provides high-quality research and Consultancy services to the tourism industry in general and to the investors in tourism industry in particular. In line with this, TFCI has been providing Consultancy services to different central and state agencies by undertaking broad-based assignments to cover macro & micro level tourism-related studies/ exercises to facilitate identification, conceptualization, promotion/ implementation of specific tourism-related projects & for taking policy level decisions with respect to investment and infrastructure augmentation etc. Besides, TFCI has been providing specific project-related services to various clients. It has also undertaken appraisal of individual projects for various state government agencies/individual clients. The company was set up as a specialized All India Financial Institution to cater to the financing requirements of the Tourism Industry at the instance of Government of India arising from the recommendation of National Committee on Tourism. It pioneered and innovated various products in financing the diverse needs of the industry such as the first Amusement-cum-Water Park at Mumbai, the first Water Sports Complex at Goa, the Palace on Wheels, the highly acclaimed spa The Ananda at Himalayas, the restoration of heritage resorts namely the Devigarh Palace at Udaipur, conversion of Umaid Bhawan Palace into a resort hotel etc. In the year 1994, the company made a public issue of 1,70,00,000 Nos of equity shares of Rs 10 each at a premium of Rs 20 per share. In the year 1999, the company had gone towards the setting up of non-conventional tourism projects like restaurants, highway facilities, travel agencies, amusement parks, dolphinarium, ropeways, car rental services, ferries for inland water transport, airport facilitation centre, training institute for hotel personnel etc. In the year 2000, Tourism Advisory & Financial Services Corporation of India Ltd was amalgamated with the company. During the year 2008-09, the company took possession of 3 hotels located at Mukundgarh, Bikaner & Jaisalmer under the SRFAESI Act. In 2009-10, it ventured into infrastructure project financing business viz., power, ports, airports, roads and bridges etc., The company in 2021-22, pursued to expand its portfolio not only by extending facilities to existing hotel properties for renovation, upgradation and setting up of new projects, but also has actively pursued consultancy assignments for various state governments in drafting the tourism policy and other projects for tourism/ circuit development etc.

Tourism Finance Corporation of India share price as on 23 Aug 2024 is Rs. 181.39. Over the past 6 months, the Tourism Finance Corporation of India share price has decreased by 25.28% and in the last one year, it has increased by 71.37%. The 52-week low for Tourism Finance Corporation of India share price was Rs. 90.85 and 52-week high was Rs. 267.55.

4th Floor Tower-1 NBCC Plaza, Puship Vihar Sector-5 Saket, New Delhi, New Delhi, 110017

FAQ’s on Tourism Finance Corporation of India Ltd Shares

How can i buy tourism finance corporation of india ltd share.

You can buy Tourism Finance Corporation of India Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Tourism Finance Corporation of India Ltd Share.

What is the share price of Tourism Finance Corporation of India Ltd?

Company share prices and volatile and keep changing according to the market conditions. As of Aug 23, 2024 09:07 AM the closing price of Tourism Finance Corporation of India Ltd was Rs.181.39.

What is the PE ratio of Tourism Finance Corporation of India Ltd ?

The latest PE ratio of Tourism Finance Corporation of India Ltd as of Aug 23, 2024 09:07 AM is 18.24

What is the PB ratio of Tourism Finance Corporation of India Ltd ?

The latest PB ratio of Tourism Finance Corporation of India Ltd as of Aug 23, 2024 09:07 AM is 0.68

What is the 52 - week high and low of Tourism Finance Corporation of India Ltd Share Price?

The 52-week high of Tourism Finance Corporation of India Ltd share price is Rs. 267.55 while the 52-week low is Rs. 90.85

What is the market cap of Tourism Finance Corporation of India Ltd ?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Aug 23, 2024 09:07 AM, the market cap of Tourism Finance Corporation of India Ltd stood at Rs. 1,679.58 Cr.

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Tfciltd chart , upcoming earnings, key stats , about tourism finance corp. of, financials .

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Tourism Finance Corp share price

NSE:  TFCILTD BSE:  526650 SECTOR:  Finance Term Lending   37k    110    15

Price Summary

₹  181.65

₹  267.4

₹  91

Ownership Below Par

Valuation expensive, efficiency optimal, financials weak, company essentials.

₹ 1682 Cr.

₹ 1555.7 Cr.

₹  125.82

₹ 241.85 Cr.

₹ 91.11 Cr.

₹  9.95

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Your Added Ratios

Index presence.

The company is present in 4 Indices.

S&P MIDSMLCAP

• Price Chart
• Volume Chart

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

Volume chart 1d 1w 1m 3m 6m 1yr 3yr 5yr, pe chart 1w 1m 3m 6m 1yr 3yr 5yr, pb chart 1w 1m 3m 6m 1yr 3yr 5yr, peer comparison,  group companies.

Track the companies of Group.

Income Growth

Profit growth, peg ratio earnings growth, it implies that the company is overvalued and vice versa.'>, pat margin (%), eps growth(%).

Share Holding Pattern

Promoter pledging %,  strengths.

• Company has maintained a good ROA of 3.78986666666667 % in last 3 years.
• The company is trading at 1.4456 times the book value

 Limitations

• Promoters shareholding is low at 7.85 %.
• The company has delivered poor profit growth of -2.1884079473361 % over past 3 years
• The company has delivered poor Operating Income growth of -2.1884079473361 % over past 3 years.
• Promoter holding has decreased from 17.67 % to 8.04 %.

Quarterly Result (All Figures in Cr.)

Profit & loss (all figures in cr. adjusted eps in rs.), balance sheet (all figures are in crores.), corporate actions dividend bonus rights split, investors details promoter investors, annual reports.

• Annual Report 2024 24 Jul 2024
• Annual Report 2021 23 Sep 2021
• Annual Report 2020 28 Jul 2020
• Annual Report 2019 9 Jan 2020
• Annual Report 2018 9 Jan 2020
• Annual Report 2017 2 Apr 2021

Ratings & Research Reports

• Credit Report By:BRICKWORK 9 Jul 2022
• Credit Report By: CARE 9 Jan 2020
• Credit Report By: SMERA 9 Jan 2020
• Credit Report By:ACUITE 9 Aug 2021
• Credit Report By:CARE 7 Sep 2021
• Credit Report By:BRICKWORK 6 Sep 2022
• Credit Report by:CARE RATINGS 3 Jun 2020
• Credit Report By:ACUITE 22 Mar 2023
• Credit Report By: 19 Sep 2023

Company Presentations

• Presentation Q4FY24 22 May 2024
• Presentation Q4FY22 27 May 2022
• Presentation Q3FY24 19 Feb 2024
• Presentation Q3FY22 17 Feb 2022
• Presentation Q3FY21 11 Feb 2021
• Presentation Q2FY23 6 Jan 2023
• Presentation Q2FY22 22 Nov 2021
• Presentation Q2FY21 12 Nov 2020
• Presentation Q1FY22 17 Aug 2021
• Presentation Q1FY21 12 Nov 2020

Company News

Tourism finance corp stock price analysis and quick research report. is tourism finance corp an attractive stock to invest in.

Around 2% of India's total population invests in financial assets. The penetration of the mutual fund industry in India is close to 7% (Based on the number of PAN cardholders). This under penetration of the mutual fund industry offers a huge opportunity for the industry to grow.

Migration to financial savings, wider distribution and sustainable performance are expected to enable growth in the industry.

Also, increasing financial literacy among investors, digitization and the number of mediums available tend to attract more investors to invest in the financial markets.

Tourism Finance Corp stock price today is  Rs 181.41 . To understand the functions of the Tourism Finance Corp better, you must go through the following points:

Key Financials –

Profitability : Profit margin (PAT margin) of the company shows how well a company controls its cost. It is one of the important indicators to show the financial health of the company. Net profit of the company is Rs 91.1079 Cr and the compounded growth of profit in the past 3 years is 4.10597477826102 %. The PAT margin of Tourism Finance Corp is 37.6708 %.

EPS growth:  Investors should ensure the EPS figure is growing faster than revenue numbers because it indicates company management is increasing the efficiency with which it runs the company. In Tourism Finance Corp , the EPS grew by 3.5913 % YOY. 

 Financial Ratios –

  Return on Equity (ROE):  The Company has a poor ROE track record. The ROE of Tourism Finance Corp is at 8.6492 % for the latest year.

P/E Ratio : Relative valuation metrics like the P/E ratio can be used to see if the stock of Tourism Finance Corp is worth at the current levels at Rs  181.41 . The stock is trading at a current P/E ratio of 17.2893  and the average historical P/E for the last 5 years was 8.10044580315899 .

Share Price : - The current share price of Tourism Finance Corp is Rs 181.41 . One can use valuation calculators of ticker to know if Tourism Finance Corp share price is undervalued or overvalued.

P/B ratio can be one of the best metrics to value such companies. Currently, Tourism Finance Corp is trading at a P/B of 1.4481 . The average historical P/B for the last 5 years was 0.729755771942736 . This can be compared with the Market price per share in order to know if the stock is undervalued or overvalued.

Brief about Tourism Finance Corp

Tourism finance corporation of india ltd. financials: check share price, balance sheet, annual report, quarterly results, shareholding, company profile and news for company analysis.

Tourism Finance Corporation of India Ltd. (TFCI) is a renowned non-banking financial company (NBFC), primarily focused on providing financial assistance to the tourism sector in India. Established in 1989, TFCI has played a pivotal role in supporting the growth and development of the tourism industry by offering customized financial solutions.

The company's main objective is to facilitate the expansion and modernization of tourism-related infrastructure, including hotels, resorts, and other tourism-related projects. TFCI operates with the mission of driving sustainable growth in the tourism sector, contributing to employment generation, and promoting tourism as a key economic activity in the country.

TFCI's services encompass a wide range of financial products such as term loans, project financing, working capital assistance, lease finance, and bridge loans. Through its expert team of professionals, the company provides tailored solutions that cater to the unique requirements of each project, ensuring maximum benefits to its clients.

Tourism Finance Corporation Of India Ltd.- Share Price

The share price of Tourism Finance Corporation of India Ltd. is an important indicator for potential investors. Real-time share price updates can be found on our website, enabling investors to make informed decisions. By analyzing the historical share price data and using our pre-built screening tools, investors can gain valuable insights into the company's performance and future prospects.

Tourism Finance Corporation Of India Ltd.-  Balance Sheet

Analyzing the balance sheet is crucial for investors seeking a comprehensive understanding of a company's financial health. On our website, you can access the latest annual reports of Tourism Finance Corporation of India Ltd., providing detailed insights into the company's assets, liabilities, and equity. By utilizing our premium features, such as DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis, investors can perform fair value calculations and make informed investment decisions.

Tourism Finance Corporation Of India Ltd.-  Annual Report

Tourism Finance Corporation of India Ltd. publishes its annual reports annually, offering a comprehensive overview of the company's financial performance and strategic outlook. On our website, we provide downloadable links to these reports, allowing investors to delve into the key financial indicators, achievements, challenges, and future prospects of the company. Investors can utilize this information to gain a better understanding of TFCI's operations and make informed investment choices.

Tourism Finance Corporation Of India Ltd. Dividend

Dividend payment is an important aspect for investors, as it reflects the company's policy to distribute profits to shareholders. Investors can find regular updates on dividend announcements by Tourism Finance Corporation of India Ltd. on our website. By tracking the company's dividend history, investors can assess the stability and consistency of dividend payments, which can be a significant consideration for long-term stock investors.

Tourism Finance Corporation Of India Ltd.-  Quarterly Result

Staying updated on the quarterly results of Tourism Finance Corporation of India Ltd. is crucial for investors to track the company's performance over time. Our website provides access to the latest quarterly reports, enabling investors to analyze key financial metrics such as revenue, net profit, and operating margins. By utilizing our pre-built screening tools, investors can compare the company's performance with its peers in the industry, identifying trends and potential investment opportunities.

Tourism Finance Corporation Of India Ltd. Stock Price

Monitoring the stock price of Tourism Finance Corporation of India Ltd. is essential for investors to gauge market sentiment and track the company's performance. On our website, investors can find real-time updates on the stock price, allowing them to make timely investment decisions. By utilizing our pre-built screening tools, investors can analyze historical stock price trends and identify potential entry or exit points.

T ourism Finance Corporation Of India Ltd. Price Chart

Visual representation of stock price trends through price charts can provide valuable insights to investors. On our website, investors can access interactive price charts of Tourism Finance Corporation of India Ltd., enabling them to identify patterns, trends, and support/resistance levels. By utilizing our pre-built screening tools combined with price chart analysis, investors can make informed decisions based on technical analysis.

Tourism Finance Corporation Of India Ltd. News

Staying updated with the latest news and developments related to Tourism Finance Corporation of India Ltd. is crucial for investors. Our website provides a dedicated news section, offering real-time news updates about the company's operations, projects, collaborations, and market trends. By staying informed, investors can assess the impact of news on the company's performance and make well-informed investment decisions.

Tourism Finance Corporation Of India Ltd. Concall Transcripts

Concall transcripts provide valuable insights into the discussions and decisions made during company conference calls. On our website, investors can access downloadable concall transcripts of Tourism Finance Corporation of India Ltd. These transcripts provide a deeper understanding of the company's strategies, future plans, and management outlook. Investors can gain valuable insights into the company's operations and performance through these transcripts.

Tourism Finance Corporation Of India Ltd. Investor Presentations

Investor presentations offer a comprehensive overview of a company's operations, strategies, and financial performance. On our website, investors can find downloadable investor presentations by Tourism Finance Corporation of India Ltd. These presentations provide valuable insights into the company's key projects, financial highlights, and future aspirations. Investors can utilize this information to evaluate the company's potential and make well-informed investment decisions.

Tourism Finance Corporation Of India Ltd. Promoters

The promoters of Tourism Finance Corporation of India Ltd. play a crucial role in the company's development and growth. On our website, investors can find detailed information about the promoters, their background, and their contribution to the company. Understanding the promoters' track record and commitment can provide insights into the company's stability and growth potential.

Tourism Finance Corporation Of India Ltd. Shareholders

Tracking the significant shareholders of Tourism Finance Corporation of India Ltd. is important for investors to understand the ownership structure and potential influence on the company's decision-making. On our website, investors can access information about the major shareholders of TFCI. By analyzing the shareholding pattern, investors can assess the confidence of institutional investors and discover potential investment opportunities.

To unlock premium features and in-depth analysis for Tourism Finance Corporation of India Ltd., investors can utilize our website's pre-built screening tools such as DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis. These tools empower investors to perform thorough stock analysis and make well-informed investment decisions aligned with their long-term investment goals.

Note: Remember to include the company name in every topic and avoid repeating lines or sentences.

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Tourism Finance Corp Of India share price

Tourism Finance Corp Of India is trading 0.91 % upper at Rs 183.15 as compared to its last closing price. Tourism Finance Corp Of India has been trading in the price range of 183.15 & 181.25 . Tourism Finance Corp Of India has given 42.79 % in this year & 2.99 % in the last 5 days.

Tourism Finance Corp Of India has TTM P/E ratio 19.62 as compared to the sector P/E of 16.73 .

The company posted a net profit of 25.40 Crores in its last quarter.

Listed peers of Tourism Finance Corp Of India include Satin Creditcare Network ( - %) , Arman Financial Services ( -0.35 %) , Tourism Finance Corp Of India ( 0.91 %) etc .

Tourism Finance Corp Of India has a 7.85 % promoter holding & 92.15 % public holding . The FII holding in Tourism Finance Corp Of India was at 2.97 % in 30 Jun 2024 . The FII holding has increased from the last quarter.

Tourism Finance Corp Of India share price range

Tourism finance corp of india share key metrics, tourism finance corp of india stock analysis.

• 53 % High risk

Technical Trends

Long term considers price movement over the last 6 months, short term considers price movement over the last 1-2 weeks.

• Moderately Bearish
• Moderately Bullish

Insight: Trends unavailable at the moment.

Tourism Finance Corp Of India share price news

Q4 results today: apl apollo tubes, jaiprakash associates, hi-tech pipes, among 29 companies to post earnings on may 11, tourism finance corp share price locked at 5% upper circuit as investor aditya halwasiya buys 13% stake, buy or sell: vaishali parekh recommends three stocks to buy today — september 14, tourism finance corp of india financials.

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Tourism Finance Corp Of India forecast

Tourism finance corp of india technical, tourism finance corp of india shareholding, shareholding pattern, tourism finance corp of india corporate actions.

• Board Meetings

Tourism Finance Corp Of India Company profile

About tourism finance corp of india.

• Industry Consumer Financial Services
• ISIN INE305A01015
• BSE Code 526650
• NSE Code TFCILTD

Tourism Finance Corporation of India Limited is an India-based financial institution. The Company provides financial assistance by way of rupee term loan, corporate loan, and subscription to debentures/equity mainly to tourism sector comprising hotels, resorts, restaurants, food courts, amusement parks, ropeways, and others. It also provides financial assistance to other sectors, such as social infrastructure, manufacturing, other services & financial sectors, and real estate. It offers finance to educational institutions, healthcare institutions, non-banking finance companies, real-estate sector engaged in affordable/middle class housing development, other services, such as logistics, warehousing, renewable energy, and manufacturing sectors. It provides advisory and consultancy services, such as tourism area potential services, tourism master plan development, disinvestment services for central and state governments, government department, debt syndication and investment banking.

Tourism Finance Corp Of India Management

• Anoop Bali Chief Financial Officer, Whole-Time Director
• Sanjay Ahuja Compliance Officer, Company Secretary

FAQs about Tourism Finance Corp Of India share price

Tourism Finance Corp Of India is trading at 183.15 as on Fri Aug 23 2024 03:57:32 . This is 0.91 % upper as compared to its previous closing price of 181.50 .

The market capitalization of Tourism Finance Corp Of India is 1695.89 Cr as on Fri Aug 23 2024 03:57:32 .

The 52 wk high for Tourism Finance Corp Of India is 267.40 whereas the 52 wk low is 91.00

Tourism Finance Corp Of India can be analyzed on the following key metrics -

• TTM P/E: 19.62
• Sector P/E: 16.73
• Dividend Yield: 1.38 %
• D/E ratio: -

Tourism Finance Corp Of India reported a net profit of 91.11 Cr in 2024 .

Tourism Finance Corp Of India Quick Links

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Tourism Finance Corporation of India Ltd

₹ 182.64 +1.23 (0.68%) updated on 23-08-2024 9:28 am.

Stock Rating

Price Performance

• Day's open ₹181.39
• Previous close ₹181.410004
• VWAP ₹182.02
• Lower price band ₹145.12
• Upper price band ₹217.69

Today's Market Action

Medium and long term market action, fundamentals.

Market Cap (Cr): 1674

Book Value (₹):

Revenue (Cr):

Total Debt (Cr):

Face Value (₹):

Earnings (Cr):

Promoter’s Holdings (%):

Debt to Equity:

Dividend Yield (%):

Mutual fund holdings and trends

Shareholding pattern, similar stocks.

Data not available.

What is Share Price of Tourism Finance Corporation of India Ltd?

Tourism Finance Corporation of India Ltd share price is ₹182.64 As on 23 August, 2024|09:28

What is the Market Cap of Tourism Finance Corporation of India Ltd?

The Market Cap of Tourism Finance Corporation of India Ltd is ₹1,674 As on 23 August, 2024|09:28

What is PE Ratio of Tourism Finance Corporation of India Ltd?

The P/E ratio of Tourism Finance Corporation of India Ltd is 18.2 As on 23 August, 2024|09:28

What is PB Ratio of Tourism Finance Corporation of India Ltd?

The PB ratio of Tourism Finance Corporation of India Ltd is 1.51 As on 23 August, 2024|09:28

What is the CAGR of Tourism Finance Corporation of India Ltd?

Tourism Finance Corporation of India Ltd CAGR for 10 Years at 17%, 5 Years at 18%, 3 Years at 46%, and 1 Year at 75%

How to Buy Tourism Finance Corporation of India Ltd Share?

You can buy the Tourism Finance Corporation of India Ltd share at Samco by simply creating a Demat account. Once you create a demat account , ensure that your KYC is done to proceed further.

Quarterly results

Profit loss

Balance sheet

Cash flow statement

Consolidated Financial Performace In Graph (Net Profit)

Standalone Financial Performace In Graph (Net Profit)

Consolidated Financial Performace In Graph (Cash Flow)

Standalone Financial Performace In Graph (Cash Flow)

Momentum Strength

Low sustainable roe, valuation analysis.

What is your opinion about this Stock?

Historical data, ₹ 182.64 +1.23 (0.68%), brokerage & taxes at samco, brokerage & taxes at other traditional broker, potential brokerage savings with samco ₹ 49.62( ).

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• SECTOR : BANKING AND FINANCE
• INDUSTRY : FINANCIAL INSTITUTIONS
• TOURISM FINANCE CORPORATION OF INDIA LTD.

Tourism Finance Corporation of India Ltd. NSE: TFCILTD | BSE: 526650

Tourism Finance Corporation of India Ltd. Live Share Price Today, Share Analysis and Chart

181.59 0.18 ( 0.10 %)

32.13% Fall from 52W High

62,056 NSE+BSE Volume

NSE 23 Aug, 2024 9:25 AM (IST)

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SWOT Analysis

Tourism finance corporation of india ltd. live price chart, earnings conference calls, investor presentations and annual reports, annual reports, credit ratings, investor presentation, tourism finance corporation of india ltd. faq, how is tourism finance corporation of india ltd. today, tourism finance corporation of india ltd. today is trading in the green, up by 0.10% at 181.59., how has tourism finance corporation of india ltd. performed historically, tourism finance corporation of india ltd. is currently trading up 0.10% on an intraday basis. in the past week the stock rose 3.09%. stock has been up 10.09% in the past quarter and rose 71.55% in the past year. you can view this in the overview section..

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Tourism Finance Corporation of India Ltd. Share Price

Tourism finance corporation of india ltd..

Tourism Finance Corporation of India Ltd. , operating in the Finance - Term Lending Institutions sector and classified as a Smallcap on the bse , currently has its share price at 181.45 The stock has experienced fluctuations today, with a low of ₹181.25 and a high of ₹182.55 Over the past 52 weeks, the shares have seen a low of ₹91 and a high of ₹267.4 .

In terms of performance, Tourism Finance Corporation of India Ltd. has shown a return of 0.17% in one day, -1.01% over the past month, and 9.97% in the last three months.

Analyzing the technicals, the daily pivot level for the stock is set at 182.65 . The resistance levels are identified as R1 at 185.1 , R2 at 188.45 , and R3 at 190.9 . On the support side, the levels are marked as S1 at 179.3 , S2 at 176.85 , and S3 at 173.5 .

In the realm of technical analysis for our subject stock, the moving averages present a detailed picture. Over a short span of 5 days, the Simple Moving Average (SMA) stands at 180.69 , while the Exponential Moving Average (EMA) is noted at 181.31 . Extending the view to a 10-day period, the SMA adjusts to 177.72 with the EMA slightly differing at 180.61 .

In a comparative analysis of stock performance within its sector, Tourism Finance Corporation of India Ltd. stands alongside several key competitors, each showcasing varied performance metrics over different time periods. Tourism Finance Corporation of India Ltd. itself has recorded performance figures of 1W % is 2.69 over the past week, -1.06% in the last month, and 9.7% over the past three months. Its six-month, one-year, three-year, and five-year performances are 6 month % is -28.74 , 1yr % is 74.92 , 3Y % is 208.15 , and 5Y % is 127.02 respectively.

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Tourism Finance Corporation of India Ltd. Performance

Tourism finance corporation of india ltd. share price return.

• 1 Day 0.17%
• 1 Month -1.01%
• 3 Months 9.97%
• 1 Year 71.71%
• 3 Years 208.15%
• 5 Years 134.5%

Tourism Finance Corporation of India Ltd. Key Metrics

• PE Ratio 19.2 EPS-TTM 9.46 PB Ratio 1.75
• BV/Share 103.67 Div. Yield 1.32 Mcap(Cr) 1,638
• Beta(1M) 1.41 Face Value 10 ATR 9.26

Tourism Finance Corporation of India Ltd. Technicals

Pivot level.

• Pivot 182.65

Moving Average

• Day SMA EMA
• 5 180.69 181.31
• 10 177.72 180.61
• 20 181.6 181.87
• 50 187.93 183.13
• 100 178.53 179.9
• 200 169.42 165.5

Tourism Finance Corporation of India Ltd. Peer Comparision

Tourism finance corporation of india ltd. share holdings, tourism finance corporation of india ltd. corporate actions.

• Tourism Finance - Shareholder Meeting / Postal Ballot-Scrutinizer''s Report Voting Results and Scrutinizer Report 14-Aug, 2024 | 08:22 PM
• Tourism Finance - Shareholder Meeting / Postal Ballot-Outcome of AGM AGM Proceedings 14-Aug, 2024 | 08:11 PM
• Tourism Finance - Announcement under Regulation 30 (LODR)-Investor Presentation Investor Presentation 14-Aug, 2024 | 05:57 PM
• Tourism Finance - Announcement under Regulation 30 (LODR)-Monitoring Agency Report Monitoring Agency Report 13-Aug, 2024 | 06:48 PM
• Tourism Finance - Statement Of Deviation & Variation Statement of Deviation & Variation 13-Aug, 2024 | 06:46 PM

About Tourism Finance Corporation of India Ltd.

Tourism Finance Corporation of India Ltd. is a Public Limited Listed company incorporated on 27/01/1989 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L65910DL1989PLC034812 and registration number is 034812. Currently Company is involved in the business activities of Other financial service activities, except insurance and pension funding activities. Company’s Total Operating Revenue is Rs. 254.19 Cr. and Equity Capital is Rs. 90.37 Cr. for the Year ended 31/03/2022.

• Industry Finance - Term Lending Institutions
• Address 4th Floor,Tower-1, NBCC Plaza, New Delhi Delhi 110017
• Contact [email protected] http://www.tfciltd.com
• Dr. S Ravi Non Executive Chairman
• Mr. Anoop Bali WholeTime Director & CFO
• Mr. Aditya Kumar Halwasiya Non Executive Director
• Mr. Parkash Chand Non Exe. & Nominee Director
• Mr. Bapi Munshi Independent Director
• Mrs. Thankom T Mathew Independent Director
• Mr. Ashok Kumar Garg Independent Director
• Mr. Deepak Amitabh Independent Director
• Dr. M S Mahabaleshwara Independent Director

Tourism Finance Corporation of India Ltd. Share Price Update

• Share Price Value
• Today ₹181.45
• Previous Day ₹181.50

FAQs on Tourism Finance Corporation of India Ltd.

What is the market cap of tourism finance corporation of india ltd..

The market cap of Tourism Finance Corporation of India Ltd. is ₹1,638.00 Cr as on Aug 23, 2024 .

What is the PE and PB Ratio of Tourism Finance Corporation of India Ltd.?

P/E ratio of Tourism Finance Corporation of India Ltd. is 19.2 and PB ratio of Tourism Finance Corporation of India Ltd. is 1.75 as on Aug 23, 2024 .

What is the share price of Tourism Finance Corporation of India Ltd.?

The share price of any company is dynamic and keeps changing depending on the trade initiated. The shares have a fixed opening rate and closing rate. The share price for Tourism Finance Corporation of India Ltd. is ₹181.45 as on Aug 23, 2024 .

What are the 52 Week High and 52 Week Low of Tourism Finance Corporation of India Ltd.?

The 52-week high/low is the highest and lowest price at which Tourism Finance Corporation of India Ltd. stock has traded in the past 52-week or nearly a year. The 52-week high of Tourism Finance Corporation of India Ltd. is ₹267.40 and 52-week low of Tourism Finance Corporation of India Ltd. is ₹91.00 as on Aug 23, 2024 .

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Tourism Finance Corporation of India Ltd

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Tourism Finance Corporation of India Limited is a financial services company which provides financial assistance to enterprises for setting up and/or development of tourism-related projects.

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Price Forecast

Revenue forecast, earnings per share forecast.

Balance Sheet

Income Statement

Lower than industry revenue growth.

Over the last 5 years, revenue has grown at a yearly rate of 0.48%, vs industry avg of 12.65%

Decreasing Market Share

Over the last 5 years, market share decreased from 0.2% to 0.12%

Lower than Industry Net Income

Over the last 5 years, net income has grown at a yearly rate of 1.1%, vs industry avg of 18.52%

EPS and DPS in ₹. Other numbers except Payout Ratio in ₹ cr

Company Updates

Annual report

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Peers & Comparison

Price comparison, shareholdings, promoter holdings trend, decreased total promoter holding.

In last 6 months, promoter holding in the company has decreased by 9.82%

Low Pledged Promoter Holding

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total retail holding.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

In last 3 months, foreign institutional holding of the company has almost stayed constant

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Looks like this stock is not in any smallcase yet.

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No dividend trend available

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Ex Date Ex Date Aug 7, 2024

Dividend/Share

Ex Date Ex Date

Aug 7, 2024

Ex Date Ex Date Aug 11, 2023

Aug 11, 2023

Ex Date Ex Date Sep 9, 2022

Sep 9, 2022

Ex Date Ex Date Sep 21, 2021

Sep 21, 2021

Ex Date Ex Date Aug 1, 2019

Aug 1, 2019

Net profit of Tourism Finance Corporation of India rose 4.23% to Rs 25.40 crore in the quarter ended June 2024 as against Rs 24.37 crore during the previous quarter ended June 2023. Sales rose 4.46% to Rs 61.80 crore in the quarter ended June 2024 as against Rs 59.16 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales61.8059.16 4 OPM %90.7388.93 - PBDT32.1929.66 9 PBT31.9029.37 9 NP25.4024.37 4 Powered by Capital Market - Live

Tourism Finance Corporation of India will hold a meeting of the Board of Directors of the Company on 13 August 2024.Powered by Capital Market - Live

Mahabaleshwara joins TFIC as Independent Director

Tourism Finance Corporation of India consolidated net profit declines 8.24% in the December 2022 quarter

Hind Rectifiers Ltd leads gainers in ‘B’ group

Tourism Finance Corporation of India standalone net profit declines 16.71% in the December 2021 quarter

Sarthak Metals Ltd leads losers in ‘B’ group

Tourism Finance Corporation of India approves NCD issue worth Rs50cr; Stock ends 2% higher

Top stocks in focus: Parag Milk Foods, Biocon, Grindwell Norton, Tourism Finance Corporation of India, PNB

Tourism Finance board to mull fund raising

• Tourism Finance Corporation of India

Tourism Finance Corporation of India Share Price

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HFT Scan: Algo traders zoom in on Tourism Finance Corp, Foods and Inns

HFT Scan: Which shares saw action?

HFT Scan: Tourism Finance Corp, Tarmat Limited attract algo traders

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Tourism finance corporation of india key indicators, featured in, investment checklist: (2/6).

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Profitability, operational, tourism finance corporation of india shareholder returns, tourism finance corporation of india share price history, shareholding info, corporate actions, dividend • ₹2.5/share, ex date 07 aug 2024, dividend • ₹2.4/share, ex date 11 aug 2023, dividend • ₹1.2/share, ex date 09 sep 2022, ₹2.5 per share, similar stocks.

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Tourism Finance Corporation Of India Limited

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Genting singapore’s share price is approaching its 52-week low: is the stock a screaming buy.

Genting Singapore Limited (SGX: G13) is one of Singapore’s premier companies in the tourism industry.

The group is responsible for the development, management, and operation of some of Singapore’s most renowned tourist attractions and facilities.

These well-known places include Resorts World Sentosa (RWS), an award-winning integrated resort (IR), Universal Studios Singapore (USS), and the S.E.A Aquarium.

Apart from tourism investments, Genting Singapore also engages in a wide selection of dining, retail, and entertainment businesses.

With a portfolio featuring some of Singapore’s most popular holiday destinations, Genting Singapore boasts a market capitalisation of close to S$10 billion.

This ranks the company among the 30 blue-chip companies that constitute the Straits Times Index (^STI).

On a broader scale, Genting Singapore is a subsidiary of the Malaysian investment company, Genting Berhad (KLSE: 3182), with Genting Berhad owning 52.6% of GS’s total shares as of 29 February 2024.

Understanding Genting Singapore’s share price performance

Let us compare Genting Singapore’s share performance with the Straits Time Index.

Source: S&P Capital IQ

Despite outperforming the index at the start of 2024, Genting Singapore’s share prices quickly plummeted following a disappointing fourth quarter in 2023 (4Q 2023), announced in late February.

On a quarterly basis, net revenue slowed down by 6.2% quarter on quarter, while net profit dived by 45.2% quarter on quarter.

On a yearly basis, while the group’s revenue saw a year-on-year increase of 19.3% for 4Q 2023, net profit decreased by a gentler 1.1% year on year.

Genting Singapore cited a slowdown in the last quarter, attributed to the strong Singaporean dollar, which curtailed tourists’ spending power.

This issue was further compounded by the high cost of airfare and weak Chinese tourist numbers.

Following a disappointing earnings report, subsequent events further impacted Genting Singapore’s share price.

First, talks of a rival casino complex built across the causeway in Johor on 25 April 2024, covered by the Straits Times, sent share prices down by 2.1%.

While shares of the resort operator briefly rallied following an optimistic business update for the first quarter of 2024, which will be elaborated further, the strength of the rally quickly faded.

Secondly, Singapore’s tourism numbers have started to slow down after a robust first quarter, which were fuelled by a series of high-profile concerts such as Coldplay and Taylor Swift.

With the inclusion of Malaysia and Thailand in China’s visa-free travel policies, Singapore faces tighter competition for Chinese tourists, which was already a key concern highlighted previously.

Lastly, as outlined by analysts from Morgan Stanley (NYSE: MS), the recent serious oil spill in June could affect tourist numbers, as water activities on beaches have been temporarily halted until clean-up operations have concluded.

A cause for concern?

The slump in Genting Singapore’s share prices may certainly be a concern for investors; in these tumultuous times, the fundamentals of a business become increasingly important.

When we analysed GS’s 4Q 2023 financial earnings, most of the decline in net profit was because of a sudden increase in the recognition of impairment losses on trade receivables.

In 2023, impairment on trade receivables stood at S$124.1 million, a significant jump from the previous year’s S$29.7 million.

An unforeseen surge in bad debts is unlikely to happen often, reassuring investors that GS’s core business remains sound.

During the company’s 39th Annual Meeting in April, the company acknowledged the importance of granting credit as a driver of revenue and confirmed its ongoing efforts to recover further debt.

Looking at the results for the first half of 2024 (1H 2024), it is clear that Genting Singapore is still in its recovery phase.

During this period, Genting Singapore reported a net revenue of S$1.4 billion, an impressive 25.5% year on year jump.

Net profit fared even better, climbing by 29% to S$356.9 million.

However, despite these strong year-on-year gains, much of the growth was attributed to an exceptional 1Q 2024.

The second quarter of 2024 (2Q 2024) told a different story, with both revenue and net profit experiencing year on year declines.

Revenue decreased by 4.1% year on year, from S$595.9 million to S$571.3 million, while net profit fell by a larger 25.8% year on year, from S$147.5 million to S$109.5 million.

Luckily, Genting Singapore’s underperformance for Q2 was priced in, with Morgan Stanley analysts predicting Q2 to underdeliver due to lower visitations stemming from seasonality factors.

The temporary closure of Hard Rock Hotel for renovation and rebranding also explained the weaker performance.

Furthermore, plans for a casino in Johor Bahru did not materialise, with Malaysia’s Prime Minister affirming a no to a second casino in Malaysia, ensuring Genting Singapore’s market share in the gaming business remains protected.

Given these circumstances, it might seem that shares of Genting Singapore are currently trading at a discount.

Although tourist numbers have slowed down, they are expected to reach 15 to 16 million this year, an improvement from 2023’s figure of 13.6 million.

If Genting Singapore can capitalise on Singapore’s tourism recovery in 2024, it is likely that the company can continue to build on its performance from 1H 2024.

Medium and long-term prospects

Looking ahead, Genting Singapore has guided its investors on several fresh and exciting launches planned.

In the medium term, a Harry Potter exhibition at RWS is set to open this October, marking Asia’s first multi-sensory interactive art experience.

In addition to the Harry Potter exhibition, other big launches are planned in the second half of 2024 (2H 2024).

RWS will be rolling out three other global blockbuster intellectual properties partnerships, further enhancing its appeal as a premier tourist destination.

Mega Minions from “Despicable Me” will be debuting at USS, while SEA Aquarium will have an immersive experience based on Genshin Impact, a game with over 60 million monthly players .

Netflix ’s (NASDAQ: NFLX) global hit series, “Sweet Home”, will appear in USS’s flagship Halloween event, Halloween Horror Night, too.

The year 2025 will see new tourist attractions, including an oceanarium and a central lifestyle connector, expected to have a soft opening in the first quarter of 2025 (1Q 2025).

Apart from those, Universal Studios Singapore aims to open Illumination’s Minion Land by early 2025, riding the current popularity from the recently released “Despicable Me 4”.

For the longer term, RWS 2.0 remains a key priority for the company, with construction commencing in late 2024.

With a budget of S$6.8 billion, RWS 2.0 includes an expansion featuring approximately 700 new rooms, biophilic architecture, and a new waterfront sculpture.

Construction of RWS 2.0’s two new luxury hotels will commence in the fourth quarter of 2024.

Although the budget may seem dauntingly high, the board has assured investors that this sum includes expenditures already made with the remainder to be invested over the next eight years.

Furthermore, the investment will be funded through internal resources and is not expected to have any material impact on the company’s earnings in the near term.

Lastly, Genting Singapore has demonstrated a strong commitment to sustainability efforts, successfully reducing its energy and water consumption by 29% and 47%, respectively, for 2023.

These efforts will aid the company in lowering operational expenses, thereby improving margins and profitability.

Ready to discover the next $100 billion stock? Our newest FREE report dives deep into five popular SGX companies that many say are the next big thing. Read our team’s findings to guide your investment strategy. Click the link  here  to download now.

Follow us on  Facebook  and  Telegram  for the latest investing news and analyses!

Disclosure: Aw Kai Rui does not own any of the stocks mentioned in this article. 

The post Genting Singapore’s Share Price is Approaching its 52-Week Low: Is the Stock a Screaming Buy? appeared first on The Smart Investor .

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3 reasons the persimmon share price could keep rising.

The Persimmon (LSE: PSN) share price is in a strong uptrend at the moment. Over the last 12 months, it has risen about 70%.

Looking ahead, I wouldn’t be surprised to see shares in the British housebuilder continue to rise. Here are three reasons why.

Interest rates are coming down

The last few years have been challenging for the UK’s housebuilders. With interest rates at high levels, demand for new homes has been subdued.

The landscape is now changing, however.

Already, the Bank of England (BoE) has cut interest rates once. And looking ahead, economists expect several more cuts over the next 18 months.

Lower interest rates should provide a much more supportive backdrop for Persimmon and the other housebuilders. That’s because mortgages will start to become affordable.

It’s worth noting that in its recent half-year results, the company said that it had seen a “ strong pick-up in enquiries ” recently. Meanwhile, property search company Rightmove has said that British estate agents have seen a pick-up in demand from buyers since the BoE’s decision to begin cutting interest rates.

The new government wants homes built

Another positive development for Persimmon is the recent change of government.

Housing was a key part of the Labour Party’s election manifesto. It has said that it would like 1.5m new homes to be built across Britain over the next five years.

This should also provide a supportive backdrop. “ If election pledges turn into policy, today is more than just a new day in housebuilding, it is the dawning of a new age ,” said RBC Capital Markets analyst Anthony Codling after Labour won the election.

The trend is up

Finally, the stock is trending up as I noted earlier. Currently it’s above both its 50-day and 200-day moving averages meaning it’s technically in a short-term and long-term uptrend.

The thing about share price trends is that they can be quite sticky. Often, they stay in place for a while.

One thing that could help to support the trend here is the fact that City analysts are increasing their earnings per share (EPS) forecasts for the company.

Over the last month, the consensus EPS forecast for 2024 has risen by 1.5p to 81.8p. This kind of analyst activity is generally positive for a company’s share price.

Another factor that could help keep the trend in place is Persimmon’s dividend (the yield here is about 3.6%). As interest rates come down and savings accounts offer less attractive rates, dividend stocks could get more attention.

Of course, there are no guarantees that the shares will continue to rise from here.

If inflation picks up again and UK interest rates remain high, we could see the uptrend come to an end. Another risk is general economic weakness. This could lead to lower demand for new homes.

If we assume that the UK economy remains in a robust shape and rates come down, however, I think the shares may continue to rise.

The post 3 reasons the Persimmon share price could keep rising appeared first on The Motley Fool UK .

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Edward Sheldon has positions in Rightmove Plc. The Motley Fool UK has recommended Rightmove Plc. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.

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Fonterra FY25 forecast Farmgate Milk Price strengthens, FY24 earnings guidance updated 

August 23, 2024

2 MINUTE READ

Fonterra lifts 2024/25 season forecast Farmgate Milk Price midpoint by 50c to $8.50 per kgMS 

Uplift to 2024/25 season Advance Rate Schedule, with farmers to be paid more earlier in the season.

FY24 earnings from continuing operations* expected to be at the top end of forecast range of 60-70 cents per share. 

Fonterra Co-operative Group Ltd has today announced a 50 cent increase in the forecast Farmgate Milk Price midpoint for the 2024/25 season, alongside an uplift to the FY25 Advance Rate Schedule, and advised its FY24 earnings are forecast to be at the top end of the announced range of 60-70 cents per share.

CEO Miles Hurrell says the announcements reflect the recent lift in GDT prices as well as the strength of the Co-op’s balance sheet.  “Since announcing our opening FY25 season forecast Farmgate Milk Price in May, GDT prices have improved. We’ve reflected this in our revised forecast range, with our midpoint lifting 50 cents to $8.50 per kgMS.” “It’s still early in the season, with a relatively small proportion of our sales book contracted, so we are maintaining a wide forecast range. Our new forecast range is $7.75-$9.25 per kgMS, up from $7.25-$8.75 per kgMS,” says Mr Hurrell.  “We’re also pleased to be announcing an uplift in our Advance Rate payment schedule, which will see farmers paid more for their milk earlier in the season. “Our balance sheet strength has allowed us to make several enhancements to the Advance Rate schedule over the last two seasons.  “The adjustments announced today will see farmers paid 10% more of the FY25 forecast Farmgate Milk Price from December paid January compared to other seasons, assisting farmers with on-farm cash flow,” says Mr Hurrell.  FY24 forecast continuing earnings  The Co-op has also advised its FY24 earnings from continuing operations are forecast to be at the top end of the announced range of 60-70 cents per share.  “As we look to close out the books for the year, it’s become clear that we have maintained strong performance across FY24.  “We’re indicating we expect our earnings to be at the top end of our forecast range and this puts us on track for a strong full year dividend,” says Mr Hurrell.  Fonterra’s final FY24 earnings remain subject to the finalisation of financial statements and audit. The Co-op will confirm its final FY24 earnings and full year dividend when it reports its financial results in September.  For further information contact: Philippa Norman Fonterra Communications  Phone: +64 21 507 072

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Fonterra announces executive team changes 

20 June 2024

Fonterra announces FY25 Farmgate Milk Price and lift in FY24 earnings guidance 

29 May 2024

Fonterra announces step-change in strategic direction 

16 May 2024

Global Markets CEO Judith Swales to leave Fonterra

Fonterra appoints permanent COO 

19 April 2024

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• Nike and Jordan’s Market Share on StockX Has Declined, but Asics and Adidas Are Rising

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When it comes to secondary sneaker market domination, the tide has seemingly turned.

In a new StockX report, Nike and Jordan’s market share — longtime mainstays in the resale world — have declined on the platform in 2024. The brands with the biggest market share increases are Asics and Adidas .

According to StockX , comparing market share from January to July 2024 over the same period in 2023, Nike and Jordan declined 11 and 12 percent, respectively. During that same period, market share of Asics on StockX has increased 275 percent and Adidas has climbed 69 percent.

Speaking with FN, StockX chief executive officer Scott Cutler labeled this shift in market share as “the most significant” it has seen not only in the history of the company, which debuted in 2016, but also in resale in the last decade.

Watch on FN

Foot locker partners with nike and jordan brand to spotlight basketball in reimagined store concept, nicole hause reveals her dupplin check nike sb dunk low will release during the holidays, adidas drops special-edition samba, gazelle and handball spezial for its 75th anniversary.

“The secondary market essentially reflects both consumer demand for products, as well as the implications that brands make on the supply out into the market. It is a realtime marketplace, so it should obviously always reflect current culture,” Cutler told FN. “Decisions that brands make on how much they supply out into the market or how great their product is from an innovation or design or appeal perspective is going to be reflected either positively or negatively in the market.”

Drew Haines, director of sneakers and collectibles at StockX, offered a prediction for what’s to come from Nike and Jordan, as well as their rising competitors.

“In the short term, we expect to see a continued diversification of brands entering the picture and challenging the mainstays,” Haines said. “Long term, I believe Nike and Jordan will continue to be the market leaders, however they need to right the ship, innovate and release great products that consumers love — including in areas like running and basketball — in order to maintain their market position.”

Haines also offered insight into other sneaker brands that could potentially see growth similar to what Asics and Adidas have experienced.

“Vans and Puma would be two others that stick out,” Haines said. “We’ve seen tremendous demand for the Vans Knu Skool model along with their recent Bape collaboration. Puma’s seen strength from their LaMelo line — both performance and lifestyle, with the recent launch of the LaFrance Amour — alongside the re-launch of the Speedcat. Both could stand to make substantial gains and are already at meaningful volumes on StockX.

Other brands Haines is watching include Mihara Yasuhiro, Saucony and On.

Nike and Jordan also have two of the top three “Overplayed Silhouettes” in the report, which StockX determined by looking at year-over-year movement on the platform.

The average price of the Nike Dunk, according to StockX, decreased 14 percent during the aforementioned period of time, and the average price premium dropped from 37 percent to 15 percent. The average price of the Jordan 1, according to StockX, decreased 18 percent and the average price premium dropped from 46 percent to 17 percent.

The average price of the third model on the list, the New Balance 550, declined 25 percent and the average price premium dropped from 8 percent to -28 percent.

“Historically speaking, the Jordan 1 or a Dunk were the most sought after releases that would sell out in seconds [at retail] and were immediately available for resale at significant premiums in the marketplace. That is not the case today. A significant percentage of these tend to trade below retail. That’s probably the biggest change [in consumer trends], particularly in some of the most sought after silhouettes,” Cutler said. “Also, what you’re seeing happen with those brands that are rising is they’re hitting that sweet spot of creating a great product, they’re telling an interesting story.”

StockX also revealed “Brand Growth” data, which it described as a holistic term that includes market share, average price and average price premium. Nike and Jordan, for the aforementioned period of time, declined 21 and 22 percent, respectfully. New Balance also declined 3 percent.

The biggest increases in this data category were Asics (589 percent), Adidas (88 percent) and Yeezy (23 percent).

About the Author

Peter Verry is the Senior News and Features Editor for Athletic and Outdoor at Footwear News. He oversees coverage of the two fast-paced and ultracompetitive markets, which includes conducting in-depth interviews with industry leaders and writing stories on sneakers and outdoor shoes. He is a lifelong sneaker addict (and shares his newest purchases via  @peterverry  on Instagram) and spends most of his free time on a trail. He holds an M.A. in journalism from Hofstra University and can be reached at [email protected].

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