SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

CARE reaffirms rating of Cox & Kings’ Commercial Paper issue

31 Dec 2015 Evaluate

Credit rating agency Credit Analysis & Research (CARE) has reaffirmed and enhanced the Commercial Paper issue carried out of sanctioned working capital limit of Cox & Kings from the existing Rs 750 crore to Rs 895 crore. The Rating has been reaffirmed as ‘A1+’. Instruments with this rating indicate very strong capacity for timely payment of financial obligations and carry lowest credit risk.

The rating agency has also reaffirmed and enhanced the long term bonk facilities of the company from existing Rs 874 crore to Rs 1019 crore. The Rating has been reaffirmed at ‘AA’. Instruments with this rating indicate high safety for timely servicing of debt obligations and carry very low credit risk.

Cox & Kings is the longest established travel company in the world since 1758. It operates across 4 continents and 25 countries. In India, Cox & Kings has 12 branch sales offices and 150 Franchisee located across the country.

Cox & Kings Share Price

1.63 0.00 (0.00%)
10-Feb-2022 18:01 View Price Chart
Peers
Company Name CMP
IRCTC 564.75
Thomas Cook (India) 110.94
TBO Tek 1291.85
Transcorp Intl. 28.03
Le Travenues Techno 179.05
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×