TCI Finance is currently trading at its upper limit of Rs. 8.78, up by 1.46 points or 19.95% from its previous closing of Rs. 7.32 on the BSE.
The scrip opened at Rs. 8.78 and has touched a high and low of Rs. 8.78 and Rs. 8.78 respectively. So far 16825 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 19.50 on 28-May-2019 and a 52 week low of Rs. 7.00 on 03-Dec-2019.
Last one week high and low of the scrip stood at Rs. 8.78 and Rs. 7.00 respectively. The current market cap of the company is Rs. 11.30 crore.
The promoters holding in the company stood at 24.72%, while Non-Institutions held 75.28% stake in the company.
TCI Finance has received approval to divest upto 51.49 lakh equity shares of Gati aggregating to 4.75% held by the Company to Allcargo Logistics. The consideration to be received from such sale/disposal is around Rs 38.62 crore. The Board of Directors of the Company at its meeting held on December 05, 2019 has approved the same.
TCI Finance's principal activity is to provide non-banking financial services. Their products include hire purchase, leasing and inter corporate loans.
