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TFCILTD Tourism Finance of India News Story

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FinancialsSpeculativeSmall CapMomentum Trap

Tourism Finance Corporation of India and Cupid hit lower circuit after block deals

** Shares of Tourism Finance Corporation of India TFCI.NS and Cupid Limited CUCO.NS drop 20% each, hit exchange-mandated lower limit

** TFCI closed at 55.24 rupees, CUCO at 419.95 rupees

** More than 16 mln shares of TFCI traded across 14 block deals on NSE at 17.4%-20% discount to previous close - LSEG data

** Over 2.9 mln shares in CUCO traded across 18 block deals on NSE at 0.02% premium to 20% discount to prev close - LSEG data

** TFCI trading volume at over 6x 30-day average; CUCO trading volume at over 5x 30-day average

** In 2025, TFCI rose about 97%; CUCO jumped nearly seven-fold

(Reporting by Vijay Malkar)

((VijayDattaram.Malkar@thomsonreuters.com;))

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