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Thomas Cook India gains with arm inking definitive agreement to acquire Comtel

Thomas Cook (India) Ltd. | Travel Services | Travel & Hospitality | BSE: 500413 | NSE: THOMASCOOK

08 Feb 2017 Evaluate

Thomas Cook India is currently trading at Rs. 194.20, up by 1.00 points or 0.52% from its previous closing of Rs. 193.20 on the BSE.

The scrip opened at Rs. 194.40 and has touched a high and low of Rs. 194.60 and Rs. 192.00 respectively. So far 6,956 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 228.80 on 04-Jul-2016 and a 52 week low of Rs. 165.60 on 19-May-2016.

Last one week high and low of the scrip stood at Rs. 197.65 and Rs. 190.90 respectively. The current market cap of the company is Rs. 7,121.74 crore.

The promoters holding in the company stood at 67.68%, while Institutions and Non-Institutions held 20.21% and 12.12% respectively.

Thomas Cook India’s subsidiary - Quess Corp (formerly known as IKYA Human Capital Solutions), has entered into definitive agreements for acquiring Comtel Solutions, Singapore on February 06, 2017. Last year in October, Quess had entered into a binding agreement to acquire a majority stake in Comtel Solutions (Comtel), marking the company’s entry into the Technology Staffing domain in Singapore. Quess will initially acquire 64% in Comtel while the balance will be acquired in a phased manner over FY18-20.

Comtel is one of Singapore’s largest independent staffing companies with services offered across staffing solutions, managed services solutions, and recruitment and search services with operations across Malaysia and Indonesia. Comtel serves more than 60 clients, including marquee names in BFSI, Engineering and IT sectors.

Thomas Cook (India) is the leading 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. The company set up its first office in India in 1881.

Thomas Cook (India) Share Price

97.22 -2.46 (-2.47%)

24-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
IRCTC	541.20
Thomas Cook (India)	97.22
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Thomas Cook India gains with arm inking definitive agreement to acquire Comtel

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