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Thomas Cook (India) gains on inking pact for acquiring 49% stake in MFX

05 Nov 2014 Evaluate

Thomas Cook (India) is currently trading at Rs. 167.85, up by 1.75 points or 1.05 % from its previous closing of Rs. 166.10 on the BSE.

The scrip opened at Rs. 166.50 and has touched a high and low of Rs. 170.85 and Rs. 166.50 respectively. So far 30170 shares were traded on the counter.

The BSE group 'B' stock of face value Re. 1 has touched a 52 week high of Rs. 168.45 on 31-Oct-2014 and a 52 week low of Rs. 67.80 on 08-Nov-2013.

Last one week high and low of the scrip stood at Rs. 168.45 and Rs. 151.60 respectively. The current market cap of the company is Rs. 4260.32 crore.

The promoters holding in the company stood at 73.06 % while Institutions and Non-Institutions held 13.60 % and 13.34 % respectively.IKYA Human Capital Solutions (IKYA), subsidiary of Thomas Cook (India), has entered into a definitive agreement with Fairfax Financial Holdings (Fairfax) to acquire a 49% stake in MFXchange Holdings, Inc (MFX). The integration of MFX with IKYA will result in the formation of the Global Technology Services Group (GTS Group) marking IKYA’s entry into IT Services and Solutions space in the North American market.

Based out of Morristown, NJ (US), MFX is a leading provider of hosted information technology applications and outsourcing solutions for the US commercial property and casualty insurance industry.

Thomas Cook is the largest integrated travel and travel related financial services company in the country offering a broad spectrum of services that include Foreign Exchange, Corporate Travel, MICE, Leisure Travel, Insurance, Visa & Passport services and E-Business.

Thomas Cook (India) Share Price

110.94 1.63 (1.49%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
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Thomas Cook (India) 110.94
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