Tourism Finance Stock: Halwasiya Buys Shares for 2nd Day
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.








