TFCI Greenlights Maiden Stock Split to Boost Market Liquidity

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Tourism Finance Corporation of India Ltd officially sanctioned its very first stock split, a step towards increasing share availability and market liquidity.

Information about the Split

The board sat on 10th July 2025 to approve the decision to sub-divide equity shares.

Every outstanding share of face value of Rs 10 will be divided, subject to shareholder and regulatory consent.

The definitive split ratio will be included in a later announcement.

Market Response

TFCI shares rose over 7 percent prior to the news, reaching an intraday high of Rs 284.

The share then closed at Rs 285.72 on NSE, reflecting greater investor confidence.

Analysts expect the move to broaden retail participation and initiate higher trading volumes.

Financial Situation

Q4 FY25 net profit rose 48 percent year-on-year at Rs 30.20 crore.

Total income rose by 20.49 percent during the period to Rs 69.45 crore.

The firm has issued 21 dividends since 2003 and has a dividend yield of 0.88 percent currently.

Strategic Outlook

With the division, TFCI is confident of attracting new investors and maximizing shareholder value.

It still needs to focus on project financing in tourism, education, health, and renewable energy.

Sources: Zee Business, Business Standard, Trade Brains, Rediff MoneyWiz