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Thomas Cook Insurance Services buys 86.67 lakh shares of Sterling Holiday Resorts: Report

11 Feb 2014 Evaluate

Thomas Cook Insurance Services has reportedly bought 86.67 lakh shares of Sterling Holiday Resorts (India) through open market route. The shares were purchased on an average price of Rs 97.82 valuing the transaction to Rs 36.50 crore. On the other hand, Bright Star Investments has sold 17 lakh shares in the company for an average price of Rs 98 through open market route.

Sterling Holiday Resorts is in the business of developing and running holiday resorts, hotel, restaurants etc. It has holiday resorts at various cities including Kodaikanal, Goa, Manali, Munnar, Puri, Darjeeling, Lonavala, Gangtok etc.

Peers
Company Name CMP
Indian Hotel 659.55
ITC Hotels 162.45
EIH 321.55
Chalet Hotels 778.90
Mahindra Holi.&Resor 272.70
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