Cox & Kings (India) is currently trading at Rs. 172.50, up by 0.05 points or 0.03% from its previous closing of Rs. 172.45 on the BSE.
The scrip opened at Rs. 174.65 and has touched a high and low of Rs. 175.25 and Rs. 172.30 respectively. So far 9688 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 256.45 on 06-Jan-2016 and a 52 week low of Rs. 140.50 on 17-Feb-2016.
Last one week high and low of the scrip stood at Rs. 185.00 and Rs. 171.60 respectively. The current market cap of the company is Rs. 3047.51 crore.
The promoters holding in the company stood at 51.26%, while institutions and non-institutions held 31.28% and 17.28% respectively.
Cox & Kings- owned Meininger Hotels signed a lease contract with Nelson Canal for a hotel in Brussels. The hotel will have 150 rooms and 668 beds and will be located on Rue Bara 101 close to the main railway station in Brussels. The hotel is expected to open in the fourth quarter of 2018 and will be Meininger’s second hotel in Brussels.
The new building will be with a gross floor area of 6,700 sqm. The room types will range from standard double rooms, to private rooms with multiple beds through to a bed in a dormitory. All public spaces including the reception, lobby, lounge, breakfast room and bar as well as guest kitchen and games room, which are all typical features of a Meininger hotel, will be located on the ground floor. The basement area will offer 30 private underground parking spaces next to the public parking that is being created.
Cox and Kings is engaged in providing travel management solutions. Its services include destination management, outbound tourism, business travel, insurance and conference solutions. The firm also offers domestic holidays, trade fairs, foreign exchange and insurance.
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