Thomas Cook (India) shines on getting nod to make further investment in Thomas Cook Lanka
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Thomas Cook (India) is currently trading at Rs. 165.60, up by 4.85 points or 3.02% from its previous closing of Rs. 160.75 on the BSE.
The scrip opened at Rs. 164.15 and has touched a high and low of Rs. 166.55 and Rs. 160.70 respectively. So far 26822 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 189.85 on 01-Feb-2024 and a 52 week low of Rs. 52.95 on 29-Mar-2023.
Last one week high and low of the scrip stood at Rs. 166.55 and Rs. 154.35 respectively. The current market cap of the company is Rs. 7765.98 crore.
The promoters holding in the company stood at 63.83%, while Institutions and Non-Institutions held 11.15% and 25.01% respectively.
Thomas Cook (India) has received approval to acquire/ invest further upto $0.82 million in equivalent LKR, in one or more tranches in Thomas Cook Lanka, a wholly owned subsidiary (WOS) of the Company. The proposed investment is for strengthening the financial position of the WOS in Sri Lanka. The Sub Committee of Board of Directors of the company, has approved the same.
Thomas Cook (India) is India’s leading integrated travel services company.
