Thomas Cook (India) is currently trading at Rs. 252.50, up by 10.80 points or 4.47% from its previous closing of Rs. 241.70 on the BSE.
The scrip opened at Rs. 249.35 and has touched a high and low of Rs. 255.95 and Rs. 248.30 respectively. So far 42546 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 255.95 on 05-Sept-2017 and a 52 week low of Rs. 178.00 on 26-Dec-2016.
Last one week high and low of the scrip stood at Rs. 255.95 and Rs. 211.05 respectively. The current market cap of the company is Rs. 9174.61 crore.
The promoters holding in the company stood at 67.65%, while institutions and non-institutions held 20.03% and 12.32% respectively.
Travel services firm Thomas Cook (India) is reportedly planning to buy IFCI’s 26.09% stake in Tourism Finance Corporation of India (TFCI). At the current market price, the stake sale will fetch IFCI around Rs 250 crore. In May 2017, the IFCI board approved a proposal to sell its entire stake in TFCI.
TFCI provides financial assistance to enterprises for setting up and developing tourism-related projects, facilities and services.
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.
