Cupid, Tourism Finance Stocks Plunge Sharply

• TFCI shares plunged 20% after a two-day winning streak.
• Cupid Ltd. stock declined 20%, ending its 13-day rally.
• Both stocks hit the lower circuit on Friday, January 2.

Mumbai: Shares of Tourism Finance Corporation of India Ltd. (TFCI) and Cupid Ltd. plunged sharply on Friday, January 2, hitting the 20 percent lower circuit. TFCI stock, which had been on a two-day winning

streak and was up over 3 percent during the day’s high, saw its gains wiped out in a sudden drop. Cupid, too, broke its 13-day winning streak in today’s session, locking in a 20 percent decline.