🔍

Tourism Finance Stock: Halwasiya Buys Shares for 2nd Day

CNBCTV18
Tourism Finance Stock: Halwasiya Buys Shares for 2nd Day - finance news

Tourism Finance Corporation Ltd. shares saw buying interest from Ekta Halwasiya for the second consecutive day, following a sharp decline last Friday. The stock experienced a 20% lower circuit breaker on that day.

The company recently announced its role as anchor investors in two Alternative Investment Funds (AIFs). These AIFs have submitted registration applications to the Securities and Exchange Board of India (SEBI), the market regulator.

The announcement of the anchor investor role appears to have spurred renewed interest in the stock, with Halwasiya's purchases signaling a potential positive outlook. Details regarding the size and nature of the AIF investments were not specified in the initial announcement. The SEBI registration process will determine the official launch and operation of these AIFs.

Recommendations

LKP Finance Invests in Gyftr, Eyes Digital Rewards Growth - finance news from CNBCTV18

LKP Finance Invests in Gyftr, Eyes Digital Rewards Growth

Fake Survey Costs McNair Consulting a Year-Long Ban - finance news from Australian Financial Review

Fake Survey Costs McNair Consulting a Year-Long Ban

Mutuum Finance (MUTM) Projected for Potential 70x Returns by 2028 - finance news from ABP News

Mutuum Finance (MUTM) Projected for Potential 70x Returns by 2028

S&P 500, Dow Hit Record Highs to Start 2024 - finance news from USA TODAY

S&P 500, Dow Hit Record Highs to Start 2024

Singer Finance Appoints Thushan Amarasuriya as New Managing Director - finance news from Daily Mirror

Singer Finance Appoints Thushan Amarasuriya as New Managing Director

Mutuum Finance (MUTM) Presale: Potential for High Returns? - finance news from ABP News

Mutuum Finance (MUTM) Presale: Potential for High Returns?

Kast Names Economist Quiroz as Chile's New Finance Minister - finance news from Reuters

Kast Names Economist Quiroz as Chile's New Finance Minister

G7 Finance Chiefs Meet in Washington Over Rare Earths - finance news from Reuters

G7 Finance Chiefs Meet in Washington Over Rare Earths

NI Finance Minister Unveils 3-Year Budget Plan - finance news from BBC

NI Finance Minister Unveils 3-Year Budget Plan

NBR Split Likely Before Feb 12 Election, Says Adviser - finance news from The Daily Star

NBR Split Likely Before Feb 12 Election, Says Adviser