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Wednesday 8 February 2017

Good Q3 nos likely:

Tourism Finance Corp Ltd:

*For Q3, TFCI can report NP of 20 cr vs 15.50cr YoY, rising nearly 30%*

In fact, 9 month NP of TFCI can be more than NP of entire FY16

And TFCI is set to report _lifetime high NP in FY17_

Co already reported 36.51 NP in H1 with EPS of 4.52.

9month NP can be 56 cr vs 53 cr NP of FY16

TFCI is set to report NP of 80cr for FY17

*Book Value is Rs 64 which should rise to 72-73 on 31st March17*

Available at 6xFY17Eeps and 0.90xFY17 Book value, this PSU is underpriced and set for treating

Stock should be in 3 digits in 3-6 months

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