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THE Tourism Finance Corporation of India (TFCI) stock was locked in the 10-per cent upper circuit on Tuesday.

Dealers said the active buying in the counter came on market talk that the Union Budget may announce some positive announcement for the tourism sector.

Dealers said if this happens, the biggest beneficiary would be TFCI as it is the sole institution for funding projects in this sector. The talk is that the institution might be shifted to the Tourism Ministry and this would give further push to its lending.

On Tuesday, the stock on the BSE closed at Rs 24.05 with volumes of 18.13 lakh shares; on the NSE, it closed at Rs 24.05 with volumes of 31.67 lakh shares.

Jumps on more biz hopes

WITH lot of new airlines eyeing India , a company that is being tipped to generate good business from this is Kale Consultants.

The company is a niche player in developing software for airlines companies. Even though nothing concrete is known, market players feel that with huge growth potential for airlines in India, Kale Consultants would be a major beneficiary.

Several market players are understood to have entered the stock on Tuesday. It closed at Rs 85.85, up 9 per cent, on the BSE with volumes of 5.84 lakh shares; on the NSE, it closed at Rs 85.05, up 9 per cent, with volume of 15.79 lakh shares.

Shines on performance

WITH glass industry moving out of a recession, Haldyn Glass is being seen as a high growth company.

Dealers said the company has been performing very well and its first nine months performance has been very good. During this period, the company reported an EPS of Rs 4.29 which is higher than the EPS it reported during last financial year (full).

The talk is that the current quarter would also be good and the full year EPS would be around Rs 6 and for the next year, EPS would be in the region of Rs 10.

On Tuesday, the stock was locked in 20 per cent upper circuit at Rs 36.10 on the BSE with volumes of 2.74 lakh shares.

Virendra Verma

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