FIIs bought 15,96,674 shares & DIIs bought 78,246 shares: Multibagger stock hit 52-week high as Board announces record date for 1:5 stock split

Tourism Finance Corporation of India Ltd is implementing a 1:5 stock split, which will convert each equity share with a face value of Rs 10 into five shares with a face value of Rs 2. This action, aimed at increasing share liquidity and accessibility for retail investors, was approved by the company's Board and shareholders. The company has set Friday, September 19, 2025, as the record date to determine which shareholders are eligible for the stock split, with the total share capital remaining unchanged.

Tourism Finance Corporation of India Ltd (TFCI) is a specialised financial institution dedicated to supporting the growth of India's tourism sector. It offers financial assistance primarily through long-term loans and also by investing in debentures, equity and preference shares of companies involved in tourism-related projects. TFCI's portfolio includes a wide range of ventures such as hotels, resorts, restaurants, food courts, amusement parks, ropeways and multiplexes. The company has established strong associations with leading domestic and international hotel brands, including ITC, Leela, Taj, Lalit, Lemon Tree, Hyatt, Marriott, Hilton, Radisson, Holiday Inn and Ramada, highlighting its significant role in the industry.

On Monday, shares of Tourism Finance Corporation of India Ltd gained 7.52 per cent and made a new 52-week high of Rs 323.95 per share from its previous closing of Rs 301.30 per share. The company has a market cap of Rs 2,999 crore.

In June 2025, FIIs bought 15,96,674 shares and increased their stake to 5.16 per cent in June 2025 compared to March 2025 while DIIs took a fresh entry and bought 78,246 shares or 0.08 per cent. The stock has given multibagger returns of 164 per cent from its 52-week low of Rs 122.15 per share.

Disclaimer: The article is for informational purposes only and not investment advice.