 "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.