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Thomas Cook gains on launching India’s First Foreign Exchange Mobile App

09 Nov 2015 Evaluate

Thomas Cook is currently trading at Rs. 208.30, up by 2.35 points or 1.14% from its previous closing of Rs. 205.95 on the BSE.

The scrip opened at Rs. 201.00 and has touched a high and low of Rs. 209.00 and Rs. 201.00 respectively. So far 6,727 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. 149.70 on 13-Nov-2014.

Last one week high and low of the scrip stood at Rs. 215.00 and Rs. 199.10 respectively. The current market cap of the company is Rs. 7,617.00 crore.

The promoters holding in the company stood at 67.86% while Institutions and Non-Institutions held 17.82% and 14.33% respectively.

Thomas Cook, India's leading integrated travel and travel related financial Services Company, has launched its unique and user friendly 'Foreign Exchange app', a consumer empowering one-stop-shop for foreign exchange transactions. With this new app, the customers can buy foreign exchange for up to 4 travellers (Cash, Traveller's Cheques and Thomas Cook Borderless Prepaid Card) via a secured payment gateway. The mobile application is available on Android (2.3.3 and up), with IOS expected in the next two months.

Thomas Cook's android mobile app features Live Rates across major global currencies including USD, Euro, Swiss Franc, to cover both buying and selling of foreign exchange, also a Block my Rate option as protection against rate fluctuations. The application also provides customers a handy tool of Rate Alerts for specified currencies via SMS & Email.


Peers
Company Name CMP
Thomas Cook (India) 105.15
IRCTC 464.05
TBO Tek 1703.75
Le Travenues Techno 164.05
Yatra Online 108.80
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