Archive · 19 Jan 2026
TCI Finance shares hit lower circuit for 6th day
TCI Finance is a company that gives loans and helps people buy commercial vehicles.
Its shares have been going down for six days in a row, but they are still much higher than they were a few months ago.
This is because many small investors bought the shares, and they all wanted to sell at the same time.
The shares went up a lot because many people wanted to buy them, not because the company did anything special.
Most of the shares are owned by small investors, not big companies.
The shares have gone up a lot in the last few years, but now some people are selling them, so the price is going down.
TCI Finance shares hit the 5% lower circuit limit for the sixth consecutive day on January 19, 2024.
The stock surged 130% in three months, 500% in two years, and 670% over the last three years.
The rally was driven by strong investor interest and high trading volumes, not fundamental factors.
Retail shareholders hold a majority 75.3% stake in the company, with promoters owning 24.7%.
The exchanges progressively reduced the circuit limit from 20% to 5% due to the intense surge.
- Who
- TCI Finance, a non-banking financial services company
- What
- Shares hit the 5% lower circuit limit for the sixth consecutive day
- When
- January 19, 2024
- Where
- National Stock Exchange (NSE)
- Why
- Investors booking profits after a sustained rally
- Stock Price
- ₹26.95
- Lower Circuit Limit
- 5%
- Three-Month Surge
- 130%
- Two-Year Surge
- 500%
- Three-Year Surge
- 670%
- Retail Shareholders' Stake
- 75.3%
- Promoters' Stake
- 24.7%