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Thomas Cook (India) rises on acquiring Sri Lanka based ‘Luxe Asia’

31 Jul 2015 Evaluate

Thomas Cook (India) is currently trading at Rs. 232.50, up by 5.50 points or 2.42% from its previous closing of Rs. 227.00 on the BSE.

The scrip opened at Rs. 231.00 and has touched a high and low of Rs. 234.90 and Rs. 229.95 respectively. So far 18,833 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 256.90 on 01-Jun-2015 and a 52 week low of Rs. 116.85 on 31-Jul-2014.

Last one week high and low of the scrip stood at Rs. 234.90 and Rs. 218.60 respectively. The current market cap of the company is Rs. 5,878.00 crore.

The promoters holding in the company stood at 74.77% while Institutions and Non-Institutions held 14.62% and 10.61% respectively.

Thomas Cook (India), India’s leading integrated travel and travel related financial services company, has acquired ‘Luxe Asia’, a Destination Management Company based in Sri Lanka, through its wholly owned subsidiary ‘Thomas Cook Lanka’. The company will be operated as an independent entity. The company’s acquisition of Luxe Asia gives it significant presence in Sri Lanka with destination management capabilities in Sri Lanka and the Indian Ocean region; also synergies with its key business lines of Outbound, Inbound and Corporate MICE.

Based in Sri Lanka, Luxe Asia is focused primarily on inbound tourism from key global markets and services both tour operator and traveller segments across its ten destinations in the Indian Ocean Region and Asia. The 2 joint ventures of Luxe Asia include, Khiri Travels, a leader with over 20 years of operation in the South East Asian region; also a Destination Management Company for the UAE market.

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
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