Cox & Kings (India) is currently trading at Rs. 283.65, up by 5.60 points or 2.01 % from its previous closing of Rs. 278.05 on the BSE.
The scrip opened at Rs. 279.05 and has touched a high and low of Rs. 286.00 and Rs. 279.05 respectively. So far 38560 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 366.30 on 16-Sep-2014 and a 52 week low of Rs. 94.00 on 12-Dec-2013.
Last one week high and low of the scrip stood at Rs. 302.00 and Rs. 277.00 respectively. The current market cap of the company is Rs. 4817.01 crore.
The promoters holding in the company stood at 59.51 % while Institutions and Non-Institutions held 25.96 % and 14.12 % respectively.
Cox & Kings (CKL), the international & domestic travel services company, which owned Meininger Holding GmbH and Fonciere des Regions through its subsidiary Fonciere des Murs, have formed a commercial partnership in respect of the sourcing by Meininger and acquisition by Fonciere des Regions of hotel property investment opportunities primarily in European gateway cities, to be leased to and managed by Meininger under the Meininger brand.
Meininger will operate these hotels under its brand in a lease structure. Meininger will also provide other services appropriate to its brand. Over the next 4 years, this strategic agreement could translate into up to 400 million Euro total investments, subject to approval by both parties on an hotel basis, through triple net long-term leases. The investment would be done entirely by Fonciere des Regions.
Cox & Kings is the longest established travel company in the world since 1758. It operates across 4 continents and 25 countries. In India, Cox & Kings has 12 branch sales offices and 150 Franchisee located across the country.
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