Tourism Finance Corporation of India lost 3.96% to Rs 57 at 11:12 IST on BSE after net profit declined 13.3% to Rs 16.46 crore on 6.4% fall in total income to Rs 47.30 crore in Q1 June 2015 over Q1 June 2014.
The result was announced after market hours yesterday, 27 July 2015.
Meanwhile, the S&P BSE Sensex was up 20.42 points or 0.07% at 27,581.80
On BSE, so far 47,322 shares were traded in the counter as against average daily volume of 48,258 shares in the past one quarter.
The stock hit a high of Rs 58.95 and a low of Rs 56.75 so far during the day. The stock had hit a 52-week low of Rs 32.90 on 1 August 2014. The stock had hit a record high of Rs 95.65 on 3 February 2015.
The stock had outperformed the market over the past one month till 27 July 2015, rising 2.86% compared with Sensex's 0.9% decline. The scrip, however, underperformed the market in past one quarter, sliding 6.31% as against Sensex's 1.41% gain.
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The small-cap company has equity capital of Rs 80.72 crore. Face value per share is Rs 10.
Tourism Finance Corporation of India gives financial assistance to hotels and non-conventional tourism projects such as amusement parks, ropeways, car rental services, ferries for inland water, transport, airtaxis, training institutes for hotel personnel, airport facilitation centres, etc.
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