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STOCK UPDATE ;Tourism Finance Corporation of India

18/11/2009 by admin

Tourism Finance Corporation of India Cluster: Cannonball Recommendation: Buy Price target: Rs28 Current market price: Rs23 Price target revised to Rs28 Result highlights Tourism Finance Corporation of India (TFCI)?s net profit for Q2FY2010 grew by 11% year on year (yoy) to Rs5.4 crore, ahead of our estimate of Rs4.6 crore. The net profit for the quarter rose on the … [Read more...]

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