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Thomas Cook India edges higher on eyeing revenues of Rs 2,000 crore in 2019

Thomas Cook (India) is currently trading at Rs. 115.90, up by 0.20 points or 0.17% from its previous closing of Rs. 115.70 on the BSE.

The scrip opened at Rs. 116.50 and has touched a high and low of Rs. 119.15 and Rs. 115.05 respectively. So far 28706 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 263.85 on 23-Apr-2019 and a 52 week low of Rs. 115.05 on 23-Oct-2019.

Last one week high and low of the scrip stood at Rs. 129.60 and Rs. 115.05 respectively. The current market cap of the company is Rs. 4298.96 crore.

The promoters holding in the company stood at 66.90%, while Institutions and Non-Institutions held 20.87% and 12.23% respectively.

Thomas Cook India is eyeing revenues of Rs 2,000 crore in 2019 and is aiming at a 20 per cent growth in the next year. The company followed calendar year instead of financial year and over half of the projected revenues would be from Holidays business.

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.

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