Shares of Tourism Finance Corporation of India (TFCIL) locked in a 20% upper circuit on Monday, drawing strong attention from market participants amid a sharp spike in volumes. The stock surged from its previous close of ₹55.24 to an intraday high of ₹66.28.

TFCIL opened sharply lower at ₹51.00, which also marked the day’s low, before witnessing aggressive buying throughout the session. The counter quickly recovered losses and moved into positive territory, eventually hitting the upper circuit limit.

In terms of longer-term performance, TFCIL has shown notable volatility. The stock’s 52-week low stands at ₹24.46, while the 52-week high is ₹75.90.

Trading activity remained exceptionally strong, with volume surging to 10,20,15,858 shares, significantly higher than its recent average.

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TOPICS: TFCIL